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.

Several brokerages recently commented on AA. Credit Suisse Group downgraded shares of Alcoa from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $40.00 to $31.00 in a report on Tuesday, April 2nd. Zacks Investment Research downgraded shares of Alcoa from a “hold” rating to a “strong sell” rating in a report on Monday, January 21st. ValuEngine downgraded shares of Alcoa from a “hold” rating to a “sell” rating in a report on Monday, February 4th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $57.00 target price on shares of Alcoa in a report on Friday, January 11th. Finally, BMO Capital Markets reduced their target price on shares of Alcoa to $45.00 and set a “positive” rating for the company in a report on Thursday, January 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. Alcoa currently has an average rating of “Buy” and an average target price of $46.73.

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About Alcoa

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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Earnings History for Alcoa (NYSE:AA)

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