Alcoa Posts $143 Million Loss; Revenue Tops Estimates
Aluminum manufacturer Alcoa says it lost $143 million in the third quarter due to charges, but otherwise topped Wall Street's expectations. The loss amounted to 13 cents per share.
alcoa revenue
Alcoa Kicks Off Earnings Season With Improved Sales
The aluminum giant turned a first-quarter profit on stronger sales at higher prices that were offset by a weaker dollar and higher costs for energy and raw materials.
Alcoa Earnings Drop Sharply on Weaker Dollar
The aluminum giant matched Wall Street's profit expectations and exceeded the revenue estimates. Company execs say they see demand picking up as the year progresses. Alcoa shares jumped in after-hours trading.