Alcoa Corporation Reports Third Quarter 2023 Results

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Alcoa (AA) Misses Q3 EPS by 9c

October 18, 2023 4:13 PM EDT

Alcoa (NYSE: AA) reported Q3 EPS of ($1.14), $0.09 worse than the analyst estimate of ($1.05). Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.58 billion.

2023 Outlook:

The following outlook does not include reconciliations of the forward-looking non-GAAP financial measures Adjusted EBITDA and Adjusted Net Income, including transformation, intersegment eliminations and other corporate Adjusted EBITDA; operational tax expense; and other expense; each excluding special items, to the most directly comparable forward-looking GAAP financial measures because it is impractical to forecast certain special items, such as restructuring charges and mark-to-market... More