Alcoa (AA) Tops Q2 EPS by 5c; Expects Improvement in H216
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Alcoa Reports Second Quarter 2016 Results
July 11, 2016 4:03 PM EDT
Profit in Future Combined Arconic Segments Grew Year-Over-Year
Profit
in Future Combined Alcoa Corporation Segments Rose Sequentially
Company
on Track to Separate in the Second Half of 2016
2Q 2016 Consolidated Highlights
Net income of $135 million, or $0.09 per share;excluding special items, adjusted net income of $213 million, or $0.15 per share Revenue of $5.3 billion, down 10 percent year-over-year, reflects: 4 percent revenue increase from recent acquisitions and organic growth, more than offset by a 14 percent revenue decline due primarily to lower aluminum and alumina pricing and the impact of... More
