Alcoa (AA) Tops Q3 EPS by 39c

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Go back to Alcoa (AA) Tops Q3 EPS by 39c

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

October 14, 2021 4:14 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA) today reported its highest quarterly net income and earnings per share, eclipsing the prior quarters record-setting financial performance and continuing to capture benefits from strong aluminum pricing.

Third Quarter Highlights

Grew revenue to $3.1 billion, a sequential increase of 10 percent Set a record for quarterly net income of $337 million and earnings per share of $1.76 Realized a 39 percent sequential increase in adjusted net income to $391 million, and an 18 percent sequential increase in Adjusted EBITDA excluding special items to $728... More