Shares of Alcoa (NYSE:AA) rose 3.21% from the previous session close to $7.55. After the bell, the company reported Q1 results.
Earnings per share were ($0.23), which beat the estimate of ($0.24).
Revenue of $2,381,000,000 lower by 12.43% year over year, which beat the estimate of $2,350,000,000.
Details Of The Call
Date: Apr 22, 2020
Time: 05:03 AM ET
Recent Stock Performance
Company's 52-week high was at $28.92
Company's 52-week low was at $5.16
Price action over last quarter: down 57.54%
Alcoa is a vertically integrated aluminum company involved in every phase of aluminum production, including bauxite mining, alumina refining, and the manufacture of primary aluminum. It is the world's largest bauxite miner and alumina refiner by production volume, and its profits are closely tied to prevailing commodity prices along the aluminum supply chain.
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