Alcoa (AA) Tops Q2 EPS by 18c

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Alcoa Corporation Reports Second Quarter 2018 Results

July 18, 2018 4:10 PM EDT

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

Net income of $75 million, or $0.39 per share Excluding special items, adjusted net income of $286 million, or $1.52 per share $904 million of adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) excluding special items Revenue of $3.6 billion $1.1 billion cash balance and $1.9 billion of debt, for net debt of $0.8 billion, as of June 30, 2018 Alcoa updated its 2018 projection for adjusted EBITDA excluding special items to between $3.0 billion to $3.2 billion, down from $3.5... More