Alcoa (AA) PT Raised to $59 at Cowen

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Alcoa (AA) PT Lowered to $63 at BofA/Merrill Lynch on 4Q Report; 'Cost Pressures Dampen Enthusiasm'

January 18, 2018 6:18 AM EST

BofA/Merrill Lynch lowered its price target on Alcoa (NYSE: AA) to $63.00 (from $67.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Timna Tanners notes a cautious outlook on the shares, as the company reported fourth quarter earnings... More

Alcoa (AA) PT Lowered to $61 at Macquarie Adjusts Model & Cites Miss on Costs and Operation Challenges

January 18, 2018 5:26 AM EST

Macquarie lowered its price target on Alcoa (NYSE: AA) to $61.00 (from $62.00) while maintaining a Outperform rating.

... More

Alcoa reports bigger quarterly loss

January 17, 2018 4:52 PM EST

(Reuters) - Aluminum producer Alcoa Corp (NYSE: AA) reported a bigger quarterly loss on Wednesday, hurt by the closure and divestiture of some smelting assets.

The net loss attributable to Alcoa widened to $196 million, or $1.06 per share, in the fourth quarter ended Dec. 31,... More

Alcoa (AA) Misses Q4 EPS by 21c

January 17, 2018 4:11 PM EST

Alcoa (NYSE: AA) reported Q4 EPS of $1.04, $0.21 worse than the analyst estimate of $1.25. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.29 billion.

$775 million of adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) excluding special items, up 38 percent sequentially, on higher alumina pricing

Based on January 2018 market assumptions, Alcoa is projecting full-year 2018... More