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

Market news

19 April 2018

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

Alcoa (AA) reported Q1 FY 2018 earnings of $0.77 per share (versus $0.63 in Q1 FY 2017), beating analysts' consensus estimate of $0.68.

The company's quarterly revenues amounted to $3.090 bln (+16.4% y/y), missing analysts' consensus estimate of $3.161 bln.

AA rose to $62.37 (+5.00%) in pre-market trading.

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