Alcoa (AA) Confirms Unofficial Start of Q2 Earnings Season
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Price: $51.54 --0%
Financial Fact:
Restructuring and other charges (D): 18M
Today's EPS Names:
EDXC, BICX, FBPI, More
Financial Fact:
Restructuring and other charges (D): 18M
Today's EPS Names:
EDXC, BICX, FBPI, More
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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.
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