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 CET

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
03/21 ARCONIC : President Trump Is Rubbing Off On Paul Singer
03/20 ELLIOTT TO ARCONIC’S BOARD : Waiver of Secret Voting Lock-up Raises More Q..
03/20 ARCONIC INC : Levi & Korsinsky, LLP Announces an Investigation Concerning Possib..
03/20 ARCONIC : Waives Limited Voting Commitment Contained in 2016 Settlement with Oak..
03/20 ARCONIC : Announces Multi-Year Supply Deal With Toyota
03/20 ARCONIC : Announces Multi-Year Deal with Toyota
03/16 ARCONIC : Nets $243 Million from Sale of Yadkin Hydroelectric
03/16 GENERAL ELECTRIC : U.S. Patents Awarded to Inventors in Georgia (March 16)
03/16 ARCONIC : Elliott Demands Explanation from Arconic’s Board for Apparent Vo..
03/15 GLOBAL RIVETING MACHINE MARKET 2017 : Arconic, Beta Utensili, BLLHOFF, DEGOMETAL
More news
Sector news : Aluminum - NEC
03/17DJNORSK HYDRO AS NORSK HYDRO ANNUAL RE : Making The World Lighter
02/10 Co-owner of Russia's Rusal considers share sale - sources
02/09DJNORSK HYDRO AS NORSK HYDRO : Key Information Relating To The Cash Dividend To Be..
02/09DJNORSK HYDRO AS NORSK HYDRO : Fourth Quarter 2016: -2-
02/01 Arconic digs in heels against Elliott as proxy fight begins
More sector news : Aluminum - NEC
News from SeekingAlpha
2016 Could Alcoa Be Headed Down?
2016 Why Alcoa Can Soar Higher
2016 ALCOA : Don't Sell Now
2016 Here's What You Can Do With The Alcoa Split
2016 METALS NAMES UPPED AT DEUTSCHE BANK : Fcx, abx, paas, aks, cde, tck, gg
Advertisement
Financials ($)
Sales 2017 12 131 M
EBIT 2017 1 248 M
Net income 2017 506 M
Debt 2017 6 057 M
Yield 2017 0,91%
P/E ratio 2017 23,50
P/E ratio 2018 17,98
EV / Sales 2017 1,46x
EV / Sales 2018 1,37x
Capitalization 11 674 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 7
Average target price 29,3 $
Spread / Average Target 10%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Klaus-Christian Kleinfeld Chairman & Chief Executive Officer
Ken Giacobbe Chief Financial Officer & Executive Vice President
Raymond J. Kilmer Chief Technology Officer & Executive VP
Amy E. Alving Independent Director
Patricia Fiorello Russo Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ALCOA INC5.94%11 674
NORSK HYDRO ASA22.76%12 359
ARCONIC INC42.93%11 674
ALUMINUM CORPORATION O..14.46%9 575
HINDALCO INDUSTRIES LT..28.81%6 633
ALCOA CORP19.98%6 119
More Results