Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results
As the first bell-whether company to report, Alcoa Inc (NYSE:AA) said Q1 came in at a loss of $(0.16)/share. Excluding $276 million in special charges (from smelter and rolling mill capacity reductions), operating earnings for the metals and mining company were $0.09 (versus the street at $0.05). The delta versus analyst estimates came from strong performance in the alumina segment; primary metals also came in better … Continue reading Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results