Alcoa (AA) Tops Q1 EPS by 10c
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Alcoa Corporation Reports First Quarter 2017 Results
April 24, 2017 4:10 PM EDTCompany 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