Many Hope Alcoa (AA) Tops Views with Unofficial Q1 Earnings Season Kick-Off

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UPDATE: Alcoa, Inc. (AA) Reports Q1 adj.-EPS of 11c; Affirms FY13 Aluminum Growth Projection

April 8, 2013 4:02 PM EDT

(Updated - April 8, 2013 4:16 PM EDT)

Alcoa, Inc. (NYSE: AA) reported Q1 adjusted EPS of $0.11, versus the analyst estimate of $0.08. Revs of $5.83 billion, versus the consensus of $5.89 billion.

Adjusted EPS compares with $0.10 reported in the same period last year.

Alcoa said the stronger results were driven by "continued productivity improvements across all businesses,... More