Alcoa (AA) PT Raised to $59 at Cowen
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Alcoa Corporation Reports Fourth Quarter and Full-Year 2017 Results
January 17, 2018 4:10 PM ESTAlumina and aluminum pricing drive revenue growth, cash climbs to $1.36 billion
Fourth Quarter 2017
Net loss of $196 million, or $1.06 per share, includes the financial impacts of previously announced actions taken in line with the Companys strategic priorities Excluding special items, adjusted net income of $195 million, or $1.04 per share, up 44 percent sequentially $775 million of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) excluding special items, up 38 percent sequentially, on higher alumina pricing $3.2 billion revenue, up 7 percent sequentially, driven mostly by improved alumina pricing... More
