Arconic Clocks 46% Sales Growth In Q4, Guides FY22 Revenue Above Consensus
Arconic Corp (NYSE:ARNC) reported fourth-quarter sales growth of 46.2% year-over-year to $2.13 billion, beating the consensus of $2.08 billion. The increased sales reflect higher aluminum prices and growth in packaging, industrial, and ground transportation volumes. Sales by segments: Rolled Products $1.79 billion (+56.9% Y/Y), Building and Construction Systems $261 million (+10.6% Y/Y) and Extrusions…
Benzinga ·
Benzinga
