Alcoa Corp

NYSE:AA   3:59:58 PM EDT
40.39
+0.99 (+2.51%)
Other Pre-Announcement

Alcoa Corp Reports Q2 Financial Results

Published: 07/15/2021 20:29 GMT
Alcoa Corp (AA) - Q2 2021 Financial Results: Alcoa Corporation Sets Record for Highest Quarterly Net Income and Earnings per Share.
Qtrly Earnings per Share $1.63.
Qtrly Adjusted Earnings per Share $1.49.
Continues to Expect a Strong 2021 Based on Continued Economic Recovery and Increased Demand for Aluminum in All End Markets.
Qtrly Revenue $2.83 Billion Versus $2.15 Billion.
Co's Aluminum Segment is Forecasting Double Digit Growth on Year-over-year Sales of Value-add Products in 2021.
Alcoa - in Q3 Anticipates Another Strong Quarter Based on Continuing Forecasts for Economic Recovery, Solid Global Demand Across Key End-use Sectors.
Based on Current Alumina and Aluminum Market Conditions, Expects Q3 Tax Expense to Exceed $100 Million.
Qtrly Alumina Production 3,388 Kmt Versus 3,371 Kmt.
Q2 Earnings per Share View $1.37, Revenue View $2.64 Billion -- Refinitiv Ibes Data (analyst estimates).