Company news: Alcoa (AA) quarterly loss matches analysts’ estimates

Alcoa (AA) reported Q4 FY2022 loss of $0.70 per share (versus earnings of $2.50 per share in Q4 FY2021), in line with analysts’ consensus estimate of -$0.70 per share.

The company’s quarterly revenues amounted to $2.663 bln (-20.3% y/y), missing analysts’ consensus estimate of $2.699 bln.

AA fell to $50.00 (-6.45%) in pre-market trading.