Alcoa (AA) Tops Q2 EPS by 2c
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Price: $35.94 --0%
EPS Growth %: -252.2%
Financial Fact:
Restructuring and other charges (D): 18M
Today's EPS Names:
WF, CWBC, GLTO, More
EPS Growth %: -252.2%
Financial Fact:
Restructuring and other charges (D): 18M
Today's EPS Names:
WF, CWBC, GLTO, More
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Alcoa (NYSE: AA) reported Q2 EPS of $0.62, $0.02 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.85 billion.
- Net income of $75 million, or $0.40 per share
- Excluding special items, adjusted net income of $116 million, or $0.62 per share
- Adjusted earnings before interest, tax, depreciation, and amortization (EBITDA), excluding special items, of $483 million, down 9 percent sequentially on lower alumina prices
- Revenue of $2.9 billion, up 8 percent sequentially, on higher shipments
- $954 million cash balance and $1.4 billion of debt for net debt of $0.5 billion as of June 30, 2017
- Company tightened its 2017 outlook for adjusted EBITDA, excluding special items, to $2.1 billion to $2.2 billion
For earnings history and earnings-related data on Alcoa (AA) click here.
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