Alcoa Reports Another Quarterly Loss with Falling Aluminum Prices and Pressured Margins

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  • #51691
    TradersCom
    Keymaster

    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.

    #45971
    ThePitBoss
    Participant

    The largest US Aluminum producer Alcoa reported a second consecutive quarterly loss as expected for the fourth quarter on Wednesday but missed on reve
    [See the full post at: Alcoa Reports Another Quarterly Loss with Falling Aluminum Prices and Pressured Margins]

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