Alcoa Beats, Provides Shaky 2012 Forecast
October 10, 2012 at 09:00 AM EDT
Its official, earnings season has begun and Alcoa (AA) has kicked things off with their report after the bell yesterday. AA was able to top estimates by showing a net loss of $143 million. “Excluding legal and environmental remediation costs, it had per- share profit of 3 cents” writes Sonja Elmquist of Bloomberg. Analysts had been expecting the company to break even or to show EPS of 0.01 depending on which sources you conglomerate [for more aluminum news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Earnings Sneak Peek: Alcoa (AA) The 5 Minute Guide To Aluminum ETFs Complete List Of New 2011 Commodity ETFs The Guide To The Biggest Companies In Every Major Commodity Sector