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- Company news: Alcoa (AA) quarterly earnings beat analysts’ expectations
Ekonomické zprávy
20.01.2022
Company news: Alcoa (AA) quarterly earnings beat analysts’ expectations
Alcoa (AA) reported Q4 FY 2021 earnings of $2.50 per share (versus $0.26 per share in Q4 FY 2020), beating analysts’ consensus estimate of $1.99 per share.
The company’s quarterly revenues amounted to $3.300 bln (+38.0% y/y), missing analysts’ consensus estimate of $3.346 bln.
Alcoa also said that it expects its Q1 FY 2022 EPS to be similar to Q4 FY2 021 EPS, which implies upside guidance (analysts’ consensus estimate suggests Q1 FY 2022 EPS of $1.71).
AA rose to $60.83 (+2.01%) in pre-market trading.
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