Alcoa (AA) Misses Q3 EPS by 5c, Sales Beat; Raises Adj-EBITDA Outlook

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Go back to Alcoa (AA) Misses Q3 EPS by 5c, Sales Beat; Raises Adj-EBITDA Outlook

Alcoa Corporation Reports Third Quarter 2017 Results

October 18, 2017 4:10 PM EDT

Aluminum segment drives profit growth, cash reaches $1.1 billion

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA):

3Q 2017 Results1

Net income of $113 million, or $0.60 per share Excluding special items, adjusted net income of $135 million, or $0.72 per share $561 million of adjusted earnings before interest, tax, depreciation and amortization (EBITDA) excluding special items, up 16 percent sequentially, on improved aluminum pricing and higher aluminum and bauxite shipments Revenue of $3.0 billion, up 4 percent sequentially, driven primarily by... More