Here's What Key Metrics Tell Us About Alcoa (AA) Q1 Earnings
AAAlcoa(AA) Zacks Investment Research·2024-04-18 08:31

Alcoa (AA) reported 2.6billioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof2.72.6 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 -0.23ayearago.Thereportedrevenuerepresentsasurpriseof+3.140.23 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 expec ...