04:34 PM EDT, 04/17/2024 (MT Newswires) -- Alcoa ( AA ) reported late Wednesday its Q1 adjusted loss widened to $0.81 per share from a loss of $0.23 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.44.

Sales for the quarter ended March 31 were $2.60 billion, down from $2.67 billion a year earlier. Analysts surveyed by Capital IQ expected $2.56 billion.

Alcoa ( AA ) shares rose more than 3% in after-hours activity.