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What To Expect From Alcoa's Second-Quarter Results? [Forbes]

ALCOA (AA)  More Company Research Source: Forbes
Last alcoa earnings: 7/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF Jul 16, 2018, 03:11pm #MarketMoves The Alcoa headquarters building in Pittsburgh. (AP Photo/Gene J. Puskar) Alcoa Corp (NYSE: AA) will release its second quarter results and conduct a conference call with analysts on 18th July 2018. Mean consensus market estimates expect the company to report an EPS (Non-GAAP) of $1.51 per share in comparison to an EPS (Non-GAAP) of $0.62 reported a year ago. Revenue is expected to be reported at $3.49 billion, 22% higher on a year-on-year (y-o-y) basis. The company’s substantial improvement in performance is expected to be largely driven by a significantly higher price level for the commodities offered by the company. Aluminum prices in the second quarter gained by almost 18% compared to the same period last year, largely due to the third-party supply disruptions which have distressed the global aluminum supply chain and consequently supported higher aluminum prices. Alcoa [Read more]

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