Aluminum producer Alcoa tops profit estimates, shares rise [Reuters]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
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Source: Reuters
Aluminum producer Alcoa tops profit estimates, shares rise | Reuters 2 Min Read (Reuters) - Top U.S. aluminum producer Alcoa Corp ( AA.N ) reported a better-than-expected quarterly profit on Wednesday, as a series of supply hits boosted alumina prices. Shares of Alcoa rose 3 percent to $37.79 in after-hours trading, also helped by the announcement of a $200 million share repurchase program. Alumina prices spiked during the year, largely due to supply disruptions such as lower production at Norsk Hydro’s ( NHY.OL ) Alunorte, the world’s largest alumina refinery, a strike at Alcoa’s Australian operations and U.S. sanctions on Russian aluminum giant Rusal ( 0486.HK ). Alcoa also tightened its 2018 adjusted earnings before interest, tax, depreciation and amortization (EBITDA) forecast to range between $3.1 billion and $3.2 billion, compared with its previous forecast of $3.0 billion and $3.2 billion. Net loss attributable to Alcoa was $41 million, or 22 cents per share, in the third
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- Alcoa Corporation (NYSE:AA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
AA
Earnings
- 4/17/24 - Miss
AA
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/18/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- AA's page on the SEC website