The materials sector, which encompasses companies producing raw materials and basic resources, has recently been on a rollercoaster ride. While the sector benefited from the post-pandemic economic recovery and increased demand for commodities, the tides have started to turn for these materials stocks to sell.As we traverse through May, several warning signs are flashing red for materials stocks. Firstly, interest rates have reached record highs, with the Federal Reserve not backing down on lowering rates fo ...

Alcoa Corp (NYSE:AA) stock is down 3.1% to trade at $36.41 at last check, looking to snap a four-day win streak as it pulls back from an April 29, 52-week high of $38.20. The 40-day moving average and $34 region contained this recent pullback, however, and the shares now look ready to bounce, according to a historically bullish signal.Specifically, the equity's recent peak comes amid historically low implied volatility (IV), which has been a bullish combination for Alcoa stock in the past. According to data ...

Key PointsDespite recent disappointing economic data, the metals sector is quickly becoming a breakout story. Regarding stock selection, investors should keep double-digit EPS growth front and center. Three stocks stand out with their bullish price action and EPS projections justifying their premium valuations.5 stocks we like better than AlcoaThe U.S. economy is pivoting into a new path for the year. After briefly jumping into its first expansionary reading in more than a year and a half, the ISM manufactu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to _____ Commission File Number 1-37816 ALCOA CORPORATION (Exact name of registrant as specified in its charter) Delaware 81-1789115 (State or other juri ...

Alcoa (AA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this bauxite, alumina and aluminum products company have returned +10.7% over the past month versus the Zacks S&P 500 composite's -2.5% change. The Zacks Metal Products - Distribution industry, to which Alcoa belongs, has gained 5.4% over this period. Now the key question is: Where could the stock be headed in ...

Alcoa Corp (NYSE:AA) stock is up 1.7% to trade at $35.86 this morning, after Morgan Stanley issued an upgrade to "equal weight" from "underweight," to go with a price-target hike to $36.50 from $28.50. The analyst in coverage praised  the aluminum producer's risk-reward backdrop, profitability, and potential upside stemming from the Inflation Reduction Act. Alcoa stock has spent most of April trading in a tight range, with its 20-day moving average containing any serious pullbacks. If the shares can ever ge ...

拜登政府对中国钢铁和铝业的关税政策 - 拜登政府计划对中国进口的钢铁和铝材料加征关税，以保护国内钢铁和造船行业免受中国竞争对手的影响[1] - 拜登政府认为中国的钢铁和铝业政策和补贴导致美国产品受到低价中国替代品的冲击，因此提议对中国钢铁和铝产品的关税进行三倍加码，以加强美国钢铁和铝业[3] 拜登政府对美国钢铁产业的承诺 - 拜登在匹兹堡演讲时表示，要促进美国钢铁生产商的增长，并承诺阻止日本尤尼特德钢铁公司收购美国钢铁公司[2] - 拜登可能会优先保护宾夕法尼亚州工人的工作，这有望为整个行业创造积极的势头[4]

Key PointsAs China tariffs are proposed, the U.S. government is looking to onshore some steel and aluminum manufacturing stocks. Wall Street is well aware of a new manufacturing breakout in the economy. Three stocks stand out as top picks, with analysts and institutions behind them.5 stocks we like better than Industrial Select Sector SPDR FundA new business cycle is underway for the United States economy, and the manufacturing sector could be in play. This time, it isn't only Wall Street pushing the bets f ...

Alcoa (AA) reported $2.6 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.7%. EPS of -$0.81 for the same period compares to -$0.23 a year ago.The reported revenue represents a surprise of +3.14% over the Zacks Consensus Estimate of $2.52 billion. With the consensus EPS estimate being -$0.62, the EPS surprise was -30.65%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...

财务数据和关键指标变化 - 收入保持平稳,为26亿美元 [26] - 净亏损增加1.02亿美元至2.52亿美元,每股亏损从0.84美元增加至1.41美元 [27] - 经调整后净亏损为1.45亿美元,每股0.81美元 [27] - 经调整EBITDA增加4300万美元至1.32亿美元 [28] 各条业务线数据和关键指标变化 - 铝土矿分部EBITDA增加5500万美元,主要由于铝土价格上涨和汇率影响 [29] - 铝分部EBITDA下降3000万美元,主要受金属价格和汇率不利影响 [29] 各个市场数据和关键指标变化 - 汽车和电力行业需求保持强劲,包装业有所恢复,建筑行业在北美有所稳定 [47] - 供给方面,新项目较少,中国产量维持在4500万吨上限,LME库存中俄铝占比超过90% [48] 公司战略和发展方向及行业竞争 - 收购Alumina Limited将增加公司在核心的铝土矿和氧化铝资产的经济权益,简化公司治理结构 [11][13][16] - 公司将继续执行资本配置框架,保持资产负债表实力,同时转型投资组合并寻求增长机会 [18] - 长期看好铝土矿和铝行业,供给受限,需求将随能源转型和去碳化目标增长 [44][45][46][50] 管理层对经营环境和未来前景的评论 - 安全表现持续改善,是公司的首要任务 [21] - 铝土矿和铝市场短期内有所改善,长期前景看好 [44][45][46][47][48][50][51] - 公司正在采取多项措施提高盈利能力,如成本节约、生产效率提升等 [52][53][54] 问答环节重要的提问和回答 问题1 **Lucas Pipes 提问** 询问Alumina Limited收购交易的协同效应和税收影响 [59] **William Oplinger 回答** 短期可实现1200万美元的管理费用节约,未来还有资本结构和债务方面的潜在协同 [60][61] 问题2 **Chris LaFemina 提问** 询问关闭Kwinana和San Ciprian的成本 [74][75][77] **Molly Beerman 回答** Kwinana为80百万美元(2024年)和35百万美元(2025年)的停产成本,San Ciprian关闭成本为约200百万美元(炼厂)和25-50百万美元(电解铝厂) [75][77] 问题3 **Alex Hacking 提问** 询问2024年全年的营运资金目标和原材料成本节约的可能超额 [84][85][86] **Molly Beerman 回答** 2024年底目标营运资金为10亿美元,原材料成本节约有望超过之前承诺的3.1亿美元 [85][86]