Alcoa shares are doing some nice business this morning, up 5.7% in premarket trading at $9.86. Despite seeing first-quarter earnings slide nearly 70%, the company jumped over a very low bar in terms of earnings expectations, and that's good enough for the Street.
Alcoa unofficially kicked off fourth quarter earnings season on Monday with a beat on the top and bottom lines. The aluminum giant reported adjusted earnings per share of $0.33 against estimates for $0.27 on revenue of $6.4 billion ... Read Post
Everyone gets nervous ahead of Alcoa earnings because they tend to be pretty volatile, and the company has a tendency to come in weak. But at least this quarter they were fine. The company's $5.2 billion in Q3 revenue was better tha... Read Post
Aluminum giant Alcoa is set to report third quarter earnings after the market close on Wednesday, marking the unofficial start to third quarter earnings season. Expectations are for Alcoa to report earnings per share of $0.23 on rev... Read Post