Alcoa reports Q4 Earnings this week.
AA is expected to be loss-making for the second quarter running in Q4 2022. Wall Street analysts’ consensus forecast for Alcoa Corporation is a normalized net loss per share of -$0.57 for Q4 22. In comparison, AA achieved a narrower net loss of -$0.33 per share and a positive net income of +$2.50 per share for Q3 2022 and Q4 2021, respectively.
Alcoa, the largest US aluminum producer, has warned investors that high energy and raw material costs and a fall in aluminum prices are putting pressure on margins.