Arconic: 4Q Earnings Snapshot

PITTSBURGH (AP) _ Arconic Corporation (ARNC) on Tuesday reported a fourth-quarter loss of $64 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Pittsburgh-based company said it had a loss of 59 cents. Earnings, adjusted for restructuring costs, were 33 cents per share.

The company posted revenue of $1.46 billion in the period.

For the year, the company reported a loss of $109 million, or $1 per share. Revenue was reported as $5.68 billion.

Arconic shares have dropped 14% since the beginning of the year.


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