Alcoa Quarterly Results
Alcoa (NYSE:AA) will release its quarterly results Monday, and the consensus among analysts is they should improve strongly over their performance in the same quarter last year, which the lost 59 cents a share.
This time around Alcoa is expected report earnings of 11 cents a share, according to those surveyed by Thomson Reuters, although others have lowered their estimates to less than half of that.
Either way, it is a good sign, and most of this is related to increased aluminum prices and lower costs of doing business.
Saturday, April 10, 2010
Alcoa (NYSE:AA) Quarterly Results Monday
Labels:
Alcoa,
Aluminum,
Aluminum Demand,
Aluminum Prices,
Quarterly Report
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