Arconic Reports Sharp Drop in Earnings, Cuts Guidance

SUGAR LAND--May 1, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Aluminum products maker Arconic Incorporated (NYSE: ARNC) (New York, New York)on Monday reported first-quarter 2018 net income of $143 million, down sharply from net income of $322 million, in the first quarter of 2017. The company also cut its earnings guidance for the year. Within this article: Arconic results.