Alcoa: Q4 Earnings Insights

Alcoa AA reported its Q4 earnings results on Wednesday, January 17, 2024 at 04:10 PM.

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

Earnings

Alcoa beat estimated earnings by 28.21%, reporting an EPS of $-0.56 versus an estimate of $-0.78.

Revenue was down $68.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 8.6% drop in the share price the next day.

Here's a look at Alcoa's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.13 -0.47 -0.10 -0.75
EPS Actual -1.14 -0.35 -0.23 -0.70
Revenue Estimate 2.59B 2.70B 2.73B 2.65B
Revenue Actual 2.60B 2.68B 2.67B 2.66B

To track all earnings releases for Alcoa visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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