Alcoa Corporation Reports Fourth Quarter and Full Year 2022 Results

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Go back to Alcoa Corporation Reports Fourth Quarter and Full Year 2022 Results

Alcoa (AA) Misses Q4 EPS by 3c

January 18, 2023 4:11 PM EST

Alcoa (NYSE: AA) reported Q4 EPS of ($0.70), $0.03 worse than the analyst estimate of ($0.67). Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.66 billion.

2023 Outlook:

In 2023, the Company projects total alumina shipments, including externally sourced alumina, to range between 12.7 and 12.9 million metric tons, a decrease of 0.5 million metric tons from 2022 due to the partial curtailment of the San Ciprián refinery and lower bauxite quality at the Australian refineries.

The Aluminum segment is expected to ship between 2.5 and 2.6 million metric tons, consistent with 2022 as... More