$3.62 Billion in Sales Expected for Arconic Inc (NYSE:ARNC) This Quarter
Brokerages expect Arconic Inc (NYSE:ARNC) to report $3.62 billion in sales for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Arconic’s earnings, with the lowest sales estimate coming in at $3.58 billion and the highest estimate coming in at $3.66 billion. Arconic reported sales of $3.52 billion in the same quarter last year, which indicates a positive year over year growth rate of 2.8%. The business is expected to report its next earnings report on Tuesday, October 29th.
On average, analysts expect that Arconic will report full-year sales of $14.48 billion for the current year, with estimates ranging from $14.38 billion to $14.67 billion. For the next fiscal year, analysts forecast that the firm will report sales of $15.22 billion, ...