Company News: Alcoa (AA) quarterly results miss analysts’ estimates

Market news

16 January 2020

Company News: Alcoa (AA) quarterly results miss analysts’ estimates

Alcoa (AA) reported Q4 FY 2019 net loss of $0.31 per share (versus earnings of $0.66 in Q4 FY 2018), worse than analysts' consensus estimate of -$0.22.

The company's quarterly revenues amounted to $2.436 bln (-27.2% y/y), missing analysts' consensus estimate of $2.490 bln.

AA fell to $19.73 (-2.23%) in pre-market trading.

U.S.: Retail sales excluding auto, December 0.7% (forecast 0.5%)

ECB Monetary Policy Meeting Accounts: Monetary policy could also be adjusted to reduce unwanted side effects

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.