Company News: Alcoa (AA) quarterly earnings miss analysts’ estimate

Market news

19 October 2017

Company News: Alcoa (AA) quarterly earnings miss analysts’ estimate

Alcoa (AA) reported Q3 FY 2017 earnings of $0.72 per share (versus $0.32 in Q3 FY 2016), missing analysts' consensus estimate of $0.77.

The company's quarterly revenues amounted to $2.964 bln (+27.3% y/y), generally in-line with analysts' consensus estimate of $2.946 bln.

AA fell to $46.40 (-2.83%) in pre-market trading.

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