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18.01.2024

Company news: Alcoa (AA) posts slightly-smaller-than-forecast quarterly loss

Alcoa (AA) reported Q4 FY2023 loss of $0.84 per share (versus -$0.70 per share in Q4 FY2022), slightly better than analysts’ consensus estimate of -$0.85 per share.

The company’s quarterly revenues amounted to $2.595 bln (-2.6% y/y), marginally above analysts’ consensus estimate of $2.590 bln.

AA fell to $27.08 (-0.37%) in pre-market trading.

See also