3Q21 Results: Alcoa Sets Another Record for Quarterly Net Income and Earnings Per Share

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Go back to 3Q21 Results: Alcoa Sets Another Record for Quarterly Net Income and Earnings Per Share

Alcoa (AA) Tops Q3 EPS by 39c

October 14, 2021 4:15 PM EDT

Alcoa (NYSE: AA) reported Q3 EPS of $2.05, $0.39 better than the analyst estimate of $1.66. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $2.91 billion.

2021 Outlook:

Alcoa continues to expect a strong 2021 based on the continued economic recovery and increased demand for aluminum in all end markets. The Companys Aluminum segment is forecasting double digit growth on year-over-year shipment volume of value-add products, and the Company expects annual global demand for primary aluminum to increase approximately 10 percent relative to 2020 and to... More