Alcoa (AA) Reports Q1 Loss, Tops Revenue Estimates
AAAlcoa(AA) Zacks Investment Research·2024-04-18 06:21

Alcoa (AA) came out with a quarterly loss of 0.81pershareversustheZacksConsensusEstimateofalossof0.81 per share versus the Zacks Consensus Estimate of a loss of 0.62. This compares to loss of 0.23pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof30.650.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -30.65%. A quarter ago, it was expected that this bauxite, alumina and aluminum products company would post a loss of 0.99 per share when it actually produced a loss of $0.56, delivering a surprise of 43.43%. Over the last four quar ...