Arconic (ARNC) Tops Q2 EPS by 6c; Raises Guidance
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Arconic Reports Second Quarter 2017 Results
July 24, 2017 8:30 AM EDTHighlights
Revenue of $3.3 billion, up 1% year over year; up 5% year over year adjusting for Tennessee packaging1 Net income attributable to Arconic of $212 million, or $0.43 per share, versus $135 million in the second quarter of 2016 Excluding special items, adjusted income of $165 million, or $0.32 per share Consolidated adjusted EBITDA2 of $444 million, up 3% year over year Excluding special items, consolidated adjusted EBITDA of $486 million, up 2% year over year Excluding special items, consolidated adjusted EBITDA margin expansion of 20 basis points year over year... More