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Alcoa Full Year 2022 Earnings: EPS Misses Expectations

Alcoa (NYSE:AA) Full Year 2022 Results

Key Financial Results

  • Revenue: US$12.5b (up 2.5% from FY 2021).

  • Net loss: US$102.0m (down by 124% from US$429.0m profit in FY 2021).

  • US$0.56 loss per share (down from US$2.31 profit in FY 2021).


All figures shown in the chart above are for the trailing 12 month (TTM) period

Alcoa EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to remain flat.

Performance of the American Metals and Mining industry.

The company's shares are down 9.3% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Alcoa's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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