Reports Q3 revenue $2.9B, consensus $2.97B. “During the third quarter, we maintained our pace of delivering on strategic actions. We gained flexibility after closing the Alumina Limited acquisition and announced the sale of our interest in the Ma’aden joint ventures,” said Alcoa President and CEO William F. Oplinger. “Positive markets and our focus on continuous improvement led to stronger results for the third quarter, while we continue to execute initiatives to further enhance our operations.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AA:
- Alcoa, Ignis EQT progress toward strategic agreement
- Alcoa options imply 4.9% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, October 16, 2024
- Alcoa announces alumina supply contract extension with Aluminium Bahrain
- Options Volatility and Implied Earnings Moves This Week, October 15 – October 18, 2024