Alcoa Corp. ( AA ) reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter. 

The Details: Alcoa ( AA ) reported quarterly earnings of $1.04 per share, which beat the analyst consensus estimate of 97 cents. Quarterly revenue clocked in at $3.48 billion, which beat the analyst consensus estimate of $3.33 billion and is an increase over sales of $2.59 billion from the same period last year.

Alumina production decreased two percent sequentially to 2.39 million metric tons. In the Aluminum segment, production increased two percent sequentially to 571,000 metric tons primarily due to continued progress on the Alumar, Brazil smelter restart.

In the Alumina segment, third-party revenue increased 46% due to an increase in average realized third-party price and higher shipments. In the Aluminum segment, third-party revenue increased 5% due to an increase in average realized third-party price.

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“Reflecting on 2024, it was a productive year for Alcoa ( AA ) as we delivered on strategic actions and operational improvements, including closing the acquisition of Alumina Limited, announcing the sale of our interest in the Ma’aden joint ventures, hitting production records and improving operational stability,” said Alcoa ( AA ) president and CEO William F. Oplinger. 

Outlook: Alcoa ( AA ) said it expects 2025 total Alumina segment production to range between 9.5 to 9.7 million metric tons, a decrease from 2024 due to the curtailment of the Kwinana refinery.

Alcoa ( AA ) expects 2025 total Aluminum segment production to range between 2.3 and 2.5 million metric tons, an increase from 2024 due to smelter restarts.

AA Price Action: According to data from Benzinga Pro, Alcoa ( AA ) shares are up 0.41% after-hours at $38.94 Wednesday. 

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