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

Market news

16 April 2021

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

Alcoa (AA) reported Q1 FY 2021 earnings of $0.79 per share (versus -$0.23 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.47 per share.

The company’s quarterly revenues amounted to $2.870 bln (+20.5% y/y), beating analysts’ consensus estimate of $2.647 bln.

AA rose to $33.90 (+3.23%) in pre-market trading.

USD/CHF to retest 0.9465/73 highs on a break above 0.9260 - Credit Suisse

EUR/GBP to move lower again, eyeing 0.83 on a 12-month horizon - Danske Bank

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