Alcoa (AA) Tops Q1 EPS by 7c
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Alcoa Corporation Reports First Quarter 2018 Results
April 18, 2018 4:10 PM EDTPITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA):
Net income of $150 million, or $0.80 per share Excluding special items, adjusted net income of $145 million, or $0.77 per share $653 million of adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) excluding special items Revenue of $3.1 billion $1.2 billion cash balance and $1.5 billion of debt, for net debt of $0.3 billion, as of March 31, 2018 Company increased its 2018 projection for adjusted EBITDA excluding special items to $3.5 billion to $3.7 billion, up from $2.6 billion to $2.8 billion1 Company projects full-year 2018 global deficit for both alumina and aluminum        ... More