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 >
Japan's Ono to buy US drugmaker Deciphera for $2.4 bln
Japan's Ono to buy US drugmaker Deciphera for $2.4 bln
Apr 29, 2024
April 29 (Reuters) - Deciphera Pharmaceuticals ( DCPH ) said on Monday Japan's Ono Pharmaceutical Co ( OPHLF ) will acquire the cancer drugmaker for $2.4 billion to expand its oncology portfolio and presence in the United States and Europe. Ono Pharma has offered $25.60 per share in cash, a premium of 74.7% to U.S.-based Deciphera's last closing price of...
Domino's Pizza Serves Up A Tasty Q1 Surprise, Setting The Table For A Profitable Year
Domino's Pizza Serves Up A Tasty Q1 Surprise, Setting The Table For A Profitable Year
Apr 29, 2024
Domino’s Pizza Inc shares are trading higher after the company reported first-quarter FY24 sales growth of 6% year-on-year to $1.085 billion, beating the analyst consensus estimate of $1.079 billion. The revenue increase was primarily due to higher supply chain revenues and U.S. franchise royalties and fees, as well as higher U.S. Company-owned store revenues.  The growth in supply chain revenues was attributable to higher order volumes,...
Cargojet Q1 Adjusted Profit Jumps 85%, Revenue Stagnant
Cargojet Q1 Adjusted Profit Jumps 85%, Revenue Stagnant
Apr 29, 2024
08:00 AM EDT, 04/29/2024 (MT Newswires) -- Cargojet ( CGJTF ) , a provider of air cargo services to all major cities across North America, on Monday reported first-quarter adjusted earnings of $31 million, or $1.86 per share, up 84.5% from $16.8 million, or $0.97 per share, a year earlier. Analysts polled by Capital IQ expected $0.62. Revenue for the...
BRIEF-Viking Holdings Ltd Sees Us IPO Of Up To 53 Million Ordinary Shares-SEC Filing
BRIEF-Viking Holdings Ltd Sees Us IPO Of Up To 53 Million Ordinary Shares-SEC Filing
Apr 29, 2024
April 29 (Reuters) - Viking Holdings Ltd: * VIKING HOLDINGS LTD: SEES US IPO OF UP TO 53 MILLION ORDINARY SHARES-SEC FILING * VIKING HOLDINGS LTD: CO OFFERING 11 MILLION ORDINARY SHARES & SELLING SHAREHOLDERS OFFERING 42 MILLION ORDINARY SHARES Further company coverage: ([email protected]) ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved