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Alcoa Swings to Profit in Q2, Revenue Rises
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Alcoa Swings to Profit in Q2, Revenue Rises
Jul 17, 2024 2:05 PM

04:42 PM EDT, 07/17/2024 (MT Newswires) -- Alcoa ( AA ) reported Q2 adjusted earnings late Wednesday of $0.16 per diluted share, swinging from a loss of $0.35 a year earlier.

Three analysts polled by Capital IQ expected earnings per share of $0.09.

Sales for the quarter ended June 30 were $2.91 billion, up from $2.68 billion a year earlier.

Three analysts surveyed by Capital IQ expected $2.94 billion.

Alcoa ( AA ) stock was up nearly 1% in after-hours activity.

Price: 37.10, Change: +0.29, Percent Change: +0.79

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