Alcoa (AA) Confirms Unofficial Start of Q2 Earnings Season
Tweet
Share
E-mail
Get Alerts AA Hot Sheet
Price: $36.08 --0%
Revenue Growth %: -2.6%
Financial Fact:
Sales (J): 5.21B
Today's EPS Names:
UXIN, TOWN, NRIM, More
Revenue Growth %: -2.6%
Financial Fact:
Sales (J): 5.21B
Today's EPS Names:
UXIN, TOWN, NRIM, More
Join SI Premium – FREE
Alcoa (NYSE: AA) just confirmed their second quarter earnings date will be Monday, July 8, 2013 after the close. On Wall Street, the quarterly results from Alcoa are widely viewed as the kick-off of earnings season.
Analysts on average are looking for EPS of $0.09 and revenues of $5.95 billion from the aluminum giant. This represents EPS growth of 50% and revenue growth of -0.2%.
With a lagging stock price and lackluster financial performance, the results from Alcoa will not be considered a benchmark for how earnings season will go for the rest of Dow and S&P 500 companies. Nonetheless, it is an early warning sign that earnings from companies that do matter will be forthcoming. So, get those vacations in while you can. With stocks up 14% YTD and now the future of QE in question, this earnings season promises to be doozy.
To keep up with all the latest earnings news, earnings results and earning calendar please visit EPS Insider.
Analysts on average are looking for EPS of $0.09 and revenues of $5.95 billion from the aluminum giant. This represents EPS growth of 50% and revenue growth of -0.2%.
With a lagging stock price and lackluster financial performance, the results from Alcoa will not be considered a benchmark for how earnings season will go for the rest of Dow and S&P 500 companies. Nonetheless, it is an early warning sign that earnings from companies that do matter will be forthcoming. So, get those vacations in while you can. With stocks up 14% YTD and now the future of QE in question, this earnings season promises to be doozy.
To keep up with all the latest earnings news, earnings results and earning calendar please visit EPS Insider.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Brunswick (BC) Reports In-Line Q1 EPS, provides guidance
- Gorman-Rupp (GRC) Misses Q1 EPS by 4c
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
Create E-mail Alert Related Categories
Earnings, Insiders' Blog, Trader TalkRelated Entities
Standard & Poor's, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
