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0 0.000212539851222062 0.000212539851222062 0.000212539851222062 -0.000637619553666336 0.00297555791710947 -0.00106269925611061 0.00318809776833153
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Alcoa misses on earnings but beats on revenue [MarketWatch]

ALCOA (AA)  More Company Research Source: MarketWatch
Last alcoa earnings: 4/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF Alcoa misses on earnings but beats on revenue Alcoa Corp. AA, -0.04% profit came in lighter than expected for the aluminum company's third quarter on Wednesday, but revenue was a slight beat. Alcoa reported net income of $113 million, or 60 cents a share, on sales of $3 billion; after adjustments for "special items," the company claimed earnings of 72 cents a share. Analysts on average expected adjusted earnings of 74 cents a share on sales of $2.93 billion, according to FactSet. In the year-ago quarter, Alcoa posted adjusted earnings of 96 cents a share on revenue of $5.2 billion, before a corporate split separated the Alcoa raw-aluminum business from other, faster-growing endeavors. Alcoa also said it increased its forecast for adjusted ebitda for the full year, to $2.4 billion. Shares bounced between slight gains and losses after the announcement, after closing at $47.75. [Read more]

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