Alcoa: Q3 Earnings Insights

AlcoaAA stock rose by 15.23% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Alcoa beat their estimated earnings by 14.53%, which surprised analysts.

Revenue was up $744,000,000 from the same period last year.

Last quarter the company beat on EPS by $0.15, which was followed by a 4.6% drop in the share price the next day.

Here's a look at Alcoa's past performance and the resulting price change:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	1.79	1.34	0.46	0.11	-1.38
EPS Actual	2.05	1.49	0.79	0.26	-1.17
Price Change %	15.23%	-4.6%	8.5%	-12.39%	-5.38%

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