Alcoa Corporation Reports Second Quarter 2018 Results
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Alcoa (AA) PT Lowered to $65 at Credit Suisse
July 19, 2018 8:14 AM EDTCredit Suisse lowered its price target on Alcoa (NYSE: AA) to $65.00 (from $69.00) while maintaining an Outperform rating.
Analyst Curt Woodworth noted a modest miss in Q2 but said aluminum markets are bottoming and capital returns are on the horizon.
... MoreAlcoa (AA) Tops Q2 EPS by 18c
July 18, 2018 4:11 PM EDTAlcoa (NYSE: AA) reported Q2 EPS of $1.52, $0.18 better than the analyst estimate of $1.34. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.44 billion.
Alcoa updated its 2018 projection for adjusted EBITDA excluding special items to between $3.0 billion to $3.2 billion,... More