Earnings Summary

Arconic Corporation’s revenue fell -21.9% since last year same period to $1990Mn in the Q2 2023. On a quarterly growth basis, Arconic Corporation has generated 3.16% jump in its revenue since last 3-months.

Arconic Corporation’s net profit fell -48.25% since last year same period to $59Mn in the Q2 2023. On a quarterly growth basis, Arconic Corporation has generated 136% jump in its net profits since last 3-months.

Arconic Corporation’s net profit margin fell -33.73% since last year same period to 2.96% in the Q2 2023. On a quarterly growth basis, Arconic Corporation has generated 128.77% jump in its net profit margins since last 3-months.

Arconic Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.33 - a 32% jump from last quarter’s estimates.

Arconic Corporation’s earning per share (EPS) estimates for the current year stand at 0.33.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Arconic Corporation’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Arconic Corporation’s return on equity (ROE) stands at -0.15.