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

Market news

21 January 2021

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

Alcoa (AA) reported Q4 FY 2020 earnings of $0.26 per share (versus -$0.31 per share in Q4 FY 2019), beating analysts’ consensus estimate of $0.07 per share.

The company’s quarterly revenues amounted to $2.392 bln (-1.8% y/y), roughly in line with analysts’ consensus estimate of $2.372 bln.

AA fell to $22.34 (-2.19%) in pre-market trading.

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