Alcoa (AA) Set to Announce Earnings on Wednesday
Alcoa (NYSE:AA) is scheduled to be releasing its earnings data after the market closes on Wednesday, April 17th. Analysts expect Alcoa to post earnings of ($0.18) per share for the quarter.
Alcoa (NYSE:AA) last announced its earnings results on Wednesday, January 16th. The industrial products company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.50 by $0.16. The business had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.31 billion. Alcoa had a net margin of 1.69% and a return on equity of 9.21%. Alcoa’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.04 EPS. On average, analysts expect Alcoa to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of AA stock opened at $27.74 on Tuesday. The stock has a market cap of $5.25 billion, a P/E ratio of 7.75, a P/E/G ratio of 4.61 and a beta of 1.13. The company has a quick ratio of 0.85, a current ratio of 1.42 and a debt-to-equity ratio of 0.24. Alcoa has a 52 week low of $25.01 and a 52 week high of $62.35.
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Alcoa Corporation produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. The company operates through Bauxite, Alumina, and Aluminum segments. It engages in bauxite mining operations; and processes bauxite into alumina and sells bauxite to customers who process it into industrial chemical products.
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