AA Kicks Off Earnings Season With a Slight Beat# Stock
T*C
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盘口涨了4分钱，LOL
The company posted second-quarter earnings excluding items of 6 cents per
share, down from 32 cents a share in the year-earlier period.
The company reported a net loss of $2 million, or 0 cents per share,
compared to net income of $322 million, or 28 cents per share, in the year-
ago period.
Revenue fell 10 percent to $5.96 billion from $6.59 billion a year ago.
Analysts had expected the company to report earnings excluding items of 5
cents a share on $5.81 billion in revenue, according to a consensus estimate
from Thomson Reuters.
Alcoa's report is traditionally considered the unofficial kickoff of
earnings season. During the quarter, the aluminum industry has been
challenged by weaker prices and rising inventories. Overall demand has been
lackluster in the sluggish global economy.
Alcoa's performance reflects broader economic trends because aluminum is
used to make a wide range of products from airplanes and automobiles to
beverage cans and construction materials.
In the previous quarter, the company posted earnings and revenue that beat
Wall Street’s expectations due to increasing demand in aerospace and
automotive manufacturing and stable growth in aluminum.
http://www.cnbc.com/id/48120117
The company posted second-quarter earnings excluding items of 6 cents per
share, down from 32 cents a share in the year-earlier period.
The company reported a net loss of $2 million, or 0 cents per share,
compared to net income of $322 million, or 28 cents per share, in the year-
ago period.
Revenue fell 10 percent to $5.96 billion from $6.59 billion a year ago.
Analysts had expected the company to report earnings excluding items of 5
cents a share on $5.81 billion in revenue, according to a consensus estimate
from Thomson Reuters.
Alcoa's report is traditionally considered the unofficial kickoff of
earnings season. During the quarter, the aluminum industry has been
challenged by weaker prices and rising inventories. Overall demand has been
lackluster in the sluggish global economy.
Alcoa's performance reflects broader economic trends because aluminum is
used to make a wide range of products from airplanes and automobiles to
beverage cans and construction materials.
In the previous quarter, the company posted earnings and revenue that beat
Wall Street’s expectations due to increasing demand in aerospace and
automotive manufacturing and stable growth in aluminum.
http://www.cnbc.com/id/48120117