Alcoa Corporation (NYSE:AA) will release its second quarter earnings report after the closing bell on Thursday, July 16.
Analysts expect the Pittsburgh, Pennsylvania-based company to report quarterly earnings of $2.24 per share, up from 39 cents per share in the year-ago period. The consensus estimate for Alcoa’s quarterly revenue is $4.12 billion. It reported $3.02 billion last year, according to Benzinga Pro.
On June 30, Alcoa announced it will acquire South32’s interest in bauxite mine, alumina refinery and aluminum smelter operations.
Alcoa shares fell 0.1% to close at $48.68 on Friday.
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Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying AA stock? Here’s what analysts think:
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