Tigress Financial Upgrades Alcoa (AA) to Strong Buy; Auto, Aerospace Remain Key Growth Segments
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Alcoa (AA) Tops Q3 EPS by 9c
October 8, 2014 4:04 PM EDTAlcoa (NYSE: AA) reported Q3 EPS of $0.31, $0.09 better than the analyst estimate of $0.22. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $5.77 billion.
Engineered Products and Solutions delivers highest after-tax operating income in history of $209 million, 18th consecutive quarter of year-over-year after-tax operating income improvement; new record adjusted EBITDA margin of 23.5 percentGlobal Rolled Products after-tax operating income up 30 percent sequentially, 45 percent higher year-over-yearUpstream business improves performance for 12th consecutive quarter; highest Primary Metals segment adjusted EBITDA per metric ton since second quarter... More