Alcoa (AA) Valuation at Risk - Nomura

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Goldman Sachs Maintains Bullish Stance on Alcoa (AA)

April 9, 2014 9:09 AM EDT

Goldman Sachs maintained a Buy rating on Alcoa (NYSE: AA) with a price target of $15.00. Comments follow Q1 results.

Analyst Sal Tharani said, "We see 2014 as a year of transition for Alcoa as it executes the announced curtailments of its Brazilian operations (147K mt) and closures of Australian Pt. Henry... More

Alcoa, Inc. (AA) Tops Q1 EPS by 4c

April 8, 2014 4:05 PM EDT

Alcoa, Inc. (NYSE: AA) reported Q1 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $5.45 billion versus the consensus estimate of $5.56 billion.

Segment Performance

Engineered Products and Solutions

ATOI was a first quarter record of $189 million, up $21 million, or 13 percent, sequentially and up $16 million, or 9 percent, year-over-year. Higher volumes in aerospace and commercial transportation combined with favorable productivity across all businesses drove the improvement sequentially and year-over-year. This segment reported a record first quarter adjusted EBITDA margin of 22.2 percent, compared to 20.9... More