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
04/21 MORGAN STANLEY : Ousted Arconic CEO resigns from board of Morgan Stanley
04/21 ARCONIC : Board Approves Quarterly Dividends
04/20 RED CARD : Ousted CEO sent threats, soccer ball to investor
04/20 Ex-Arconic CEO targeted Elliott founder's alleged World Cup antics
04/20DJAt Arconic, Race for Next CEO Heats Up -- WSJ
04/20 ARCONIC : Elliott Management Releases Klaus Kleinfeld Letter
04/19DJAt Arconic, Race Heats Up for Next Chief Executive
04/19 ARCONIC : Announces Reference Yields and Total Consideration for Previously Anno..
04/19 ARCONIC : Announces Early Tender Results for Previously Announced Offers by Citi..
04/19DJAt Arconic, Race Heats Up for Next Chief Executive
More news
Sector news : Aluminum - NEC
04/21 French stocks slip in flat European market as vote nears
04/20 Ex-Arconic CEO targeted Elliott founder's alleged World Cup antics
04/03DJNORSK HYDRO AS NORSK HYDRO : Primary Insiders Purchase Shares Under Long Term In..
03/29 European shares rise in 'relaxed' reaction to Brexit day
03/17DJNORSK HYDRO AS NORSK HYDRO ANNUAL RE : Making The World Lighter
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 12 127 M
EBIT 2017 1 254 M
Net income 2017 516 M
Debt 2017 4 777 M
Yield 2017 0,94%
P/E ratio 2017 23,00
P/E ratio 2018 17,44
EV / Sales 2017 1,34x
EV / Sales 2018 1,26x
Capitalization 11 454 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 HOLD
Number of Analysts 9
Average target price 28,8 $
Spread / Average Target 11%
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%11 454
NORSK HYDRO ASA19.25%12 045
ARCONIC INC40.83%11 454
ALUMINUM CORPORATION O..14.46%9 742
HINDALCO INDUSTRIES LT..21.38%6 531
ALCOA CORP14.10%5 839
More Results