Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Alcoa Inc    AA

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Alcoa Inc. : Alcoa stock up on unexpected 1st-quarter profit

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/11/2012 | 05:08pm CEST

Shares in Alcoa Inc rose 7 percent on Wednesday, a day after the aluminum company posted a first-quarter profit instead of a loss Wall Street was expecting.

The late-Tuesday results from Alcoa, a Dow component company, helped lift stocks after five days of losses that had brought down the benchmark Standard & Poor's 500 index more than 4 percent.

Analyst Tony Rizzuto, of Dahlman Rose & Co, raised his full-year 2012 earnings estimate for Alcoa to 50 cents per share from 40 cents per share following Tuesday's results.

Alcoa reported income from continuing operations of $94 million, or 9 cents per share, while analysts had expected a loss of 4 cents per share.

"We are encouraged by these results, but are remaining somewhat cautious with our estimates until we see a sustained follow-through in performance," Rizzuto wrote in a research note.

"If productivity and operational gains can be maintained, we believe the market will begin to look more favorably at the shares," he said of Alcoa stock, which has dropped over 50 percent since reaching a year-high of $18.19 in April last year.

In morning trading on the New York Stock Exchange, Alcoa shares were 7 percent higher at $9.96.

(Reporting By Steve James)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALCOA INC
05/26 ARCONIC : Students, Engineers Team for Straw Rocket Challenge
05/25 ARCONIC : Foundation Awards $600,000 to Expand Advanced Manufacturing Education ..
05/25 ARCONIC : Announces Preliminary Results of 2017 Annual Meeting
05/22 ARCONIC : Company Regains Senses, Submits To Paul Singer In Nick Of Time
05/22 Boeing and Arconic climb while Halliburton declines
05/22 ARCONIC INC. : Change in Directors or Principal Officers, Financial Statements a..
05/22 ARCONIC INC. : Entry into a Material Definitive Agreement, Change in Directors o..
05/22 ARCONIC : allows activist investor to add board members
05/22 ARCONIC : and Elliott Reach Resolution to End Proxy Contest
05/18 ARCONIC INC. (NYSE : ARNC) Files An 8-K Other Events
More news
Sector news : Aluminum - NEC
05/24DJNORSK HYDRO AS NORSK HYDRO : New Board Member In Hydro
05/04 European shares power ahead as first quarter earnings season gathers pace, HS..
05/04DJNORSK HYDRO AS NORSK HYDRO : Ex Dividend Nok 1.25 Today
05/03DJNORSK HYDRO AS NORSK HYDRO : Annual General Meeting Approves Dividend Of Nok 1.2..
05/02DJNORSK HYDRO AS NORSK HYDRO : Sale Of Shares To Employees
More sector news : Aluminum - NEC
News from SeekingAlpha
2016 Could Alcoa Be Headed Down?
2016 Why Alcoa Can Soar Higher
2016 ALCOA : Don't Sell Now
2016 Here's What You Can Do With The Alcoa Split
2016 METALS NAMES UPPED AT DEUTSCHE BANK : Fcx, abx, paas, aks, cde, tck, gg
Advertisement
Financials ($)
Sales 2017 12 438 M
EBIT 2017 1 326 M
Net income 2017 699 M
Debt 2017 5 149 M
Yield 2017 1,09%
P/E ratio 2017 18,87
P/E ratio 2018 17,65
EV / Sales 2017 1,39x
EV / Sales 2018 1,32x
Capitalization 12 087 M
More Financials
Chart ALCOA INC
Duration : Period :
Alcoa Inc Technical Analysis Chart | AA | US0138171014 | 4-Traders
Full-screen chart
Technical analysis trends ALCOA INC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 29,4 $
Spread / Average Target 7,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
David Peter Hess Chief Executive Officer & Director
Patricia Fiorello Russo Chairman
Ken Giacobbe Chief Financial Officer & Executive Vice President
Raymond J. Kilmer Chief Technology Officer & Executive VP
Amy E. Alving Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ALCOA INC5.94%12 087
ARCONIC INC47.90%12 087
NORSK HYDRO ASA14.96%11 730
ALUMINUM CORPORATION O..0.95%8 680
HINDALCO INDUSTRIES LT..28.07%6 906
ALCOA CORP18.48%6 097
More Results