Alcoa (NYSE:AA) reported its Q4 earnings results on Wednesday, January 17, 2024 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Alcoa beat estimated earnings by 28.21%, reporting an EPS of $-0.56 versus an estimate of $-0.78.
Revenue was down $68.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 8.6% drop in the share price the next day.
Here’s a look at Alcoa’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.13 | -0.47 | -0.10 | -0.75 |
| EPS Actual | -1.14 | -0.35 | -0.23 | -0.70 |
| Revenue Estimate | 2.59B | 2.70B | 2.73B | 2.65B |
| Revenue Actual | 2.60B | 2.68B | 2.67B | 2.66B |
To track all earnings releases for Alcoa visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
