Alcoa (AA) Trading Lower Ahead of Q1 Earnings
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Shares of Alcoa (NYSE: AA) are trading down with the broader averages ahead of its Q1 earnings report, expected out after the close today. The stock most recently traded at $7.65, down 3.2% from yesterday's closing price.
Alcoa is the company which "famously" kicks off the earnings season each quarter. On Wall Street, it is common knowledge that once Aloca's earnings come around every three months, its time to get in that earnings state-of-mind. Many traders call Alcoa a "serial-disappointer", meaning that it has consistently over-promised and under-performed. The Street is currently looking for Alcoa to report a Q1 loss of $0.57 on sales of $4.08 billion.
To see all this season's earnings reports in real-time just seconds after they are released, visit our Earnings section.
Alcoa is the company which "famously" kicks off the earnings season each quarter. On Wall Street, it is common knowledge that once Aloca's earnings come around every three months, its time to get in that earnings state-of-mind. Many traders call Alcoa a "serial-disappointer", meaning that it has consistently over-promised and under-performed. The Street is currently looking for Alcoa to report a Q1 loss of $0.57 on sales of $4.08 billion.
To see all this season's earnings reports in real-time just seconds after they are released, visit our Earnings section.
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