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Alcoa reports Q1 adjusted EPS $2.15, consensus $1.41

Reports Q1 revenue $3.37B, consensus $3.51B. “During the first quarter, we maintained our pace of delivering on key operational and capital allocation objectives, including forming the joint venture to support our San Ciprian operations and repositioning debt in Australia,” said Alcoa (AA) President and CEO William F. Oplinger. “A positive aluminum market led to stronger results for the first quarter, while we continued to focus on safety, stability, and operational excellence amidst economic uncertainty.”

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