Company News: Alcoa (AA) Q2 EPS beat analysts’ estimate

Market news

20 July 2017

Company News: Alcoa (AA) Q2 EPS beat analysts’ estimate

Alcoa (AA) reported Q2 FY 2017 earnings of $0.62 per share (versus $0.15 in Q2 FY 2016), beating analysts' consensus estimate of $0.58.

The company's quarterly revenues amounted to $2.859 bln (+23.1% y/y), slightly missing analysts' consensus estimate of $2.879 bln.

AA fell to $35.70 (-2.19%) in pre-market trading.

Eurozone: ECB Interest Rate Decision, 0% (forecast 0%)

UK's Fox says Britain, India undertaking "trade audit", will exchange views at end of September on what they see as impediments to trade in each other's economy

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