Alcoa (AA) Misses Q2 EPS by 3c; Updates on End Market Growth, Portfolio Transformations

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Go back to Alcoa (AA) Misses Q2 EPS by 3c; Updates on End Market Growth, Portfolio Transformations

Alcoa Reports Solid Second Quarter 2015 Profits Portfolio Transformation on Track

July 8, 2015 4:03 PM EDT

2Q 2015 Financial Highlights

Net income of $140 million, or $0.10 per share; excluding special items, net income of $250 million, or $0.19 per share, up 16 percent, year-over-year Revenue of $5.9 billion driven by strong organic growth in aerospace, automotive and alumina businesses Record Engineered Products and Solutions after-tax operating income of $210 million, up 4 percent, and aerospace revenue up 29 percent, both year-over-year Global Rolled Products after-tax operating income of $76 million, up 9 percent, adjusted EBITDA per metric ton up 18 percent, and automotive sheet revenue up approximately 180 percent, all year-over-year... More