Alcoa (AA) Tops Q1 EPS by 10c

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Go back to Alcoa (AA) Tops Q1 EPS by 10c

Alcoa Corporation Reports First Quarter 2017 Results

April 24, 2017 4:10 PM EDT

Company grew profits sequentially on stronger alumina and aluminum pricing

NEW YORK--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA):

1Q 2017 Results1

Net income of $225 million, or $1.21 per share Excluding special items, adjusted net income of $117 million, or $0.63 per share Adjusted earnings before interest, tax, depreciation, and amortization (EBITDA), excluding special items of $533 million, up 59 percent sequentially driven by higher alumina and aluminum pricing Revenue of $2.7 billion, up 5 percent sequentially, reflecting increased alumina and aluminum pricing... More