financetom
Business
financetom
/
Business
/
Alcoa Swings to Profit in Q3, Sales Increase; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alcoa Swings to Profit in Q3, Sales Increase; Shares Rise After Hours
Oct 17, 2024 1:59 PM

04:55 PM EDT, 10/16/2024 (MT Newswires) -- Alcoa ( AA ) reported Q3 adjusted earnings late Wednesday of $0.57 per share, swinging from a loss of $1.14 a year earlier.

Analysts polled by Capital IQ expected earnings per share of $0.33.

Revenue for the quarter ended Sept. 30 was $2.90 billion, up from $2.60 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.95 billion.

Shares of Alcoa ( AA ) were up 5.5% in after-hours activity.

Price: 44.38, Change: +2.31, Percent Change: +5.49

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved