Alcoa Corp

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4:38:03 PM EDT: $56.06 +0.08 (+0.14%)
Other Pre-Announcement

Alcoa Reports Q3 Adj Earnings Per Share Of $2.05 Excluding Items

Published: 10/14/2021 21:53 GMT
Alcoa Corp (AA) - 3q21 Results: Alcoa Sets Another Record for Quarterly Net Income and Earnings per Share.
Q3 Adjusted Earnings per Share $2.05 Excluding Items.
Q3 Earnings per Share $1.76.
Q3 Revenue $3.1 Billion Versus Refinitiv Ibes Estimate of $2.91 Billion.
Q3 Earnings per Share Estimate $1.75 -- Refinitiv Ibes Data (analyst estimates).
2021 Shipment Outlook for Alumina and Aluminum Segments Remains Unchanged.
Anticipates Continued Positive Financial Results in Q4 of 2021.
Qtrly Alumina Production 3,253 Kmt Versus 3,435 Expects Q4 Tax Expense of Approximately $230 Million.
Working Capital Increase in Q4 Related to San CipriÁn Could Approximate $120 Million.
Continues to Expect a Strong 2021 Based on Continued Economic Recovery and Increased Demand for Aluminum in All End Markets.
Expects Annual Global Demand for Primary Aluminum to Increase About 10% Relative to 2020 and to Surpass Pre-pandemic Levels in 2019.