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17.01.2018 22:16:27

Alcoa Inc. Q4 Earnings Climb 650%

(RTTNews) - Alcoa Inc. (AA) announced a profit for its fourth quarter that climbed from last year.

The company said its bottom line totaled $195 million, or $1.04 per share. This was up from $26 million, or $0.14 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 24.8% to $3.17 billion. This was up from $2.54 billion last year.

Alcoa Inc. earnings at a glance:

-Earnings (Q4): $195 Mln. vs. $26 Mln. last year. -Earnings Growth (Y-o-Y): 650.0% -EPS (Q4): $1.04 vs. $0.14 last year. -EPS Growth (Y-o-Y): 642.9% -Analysts Estimate: $1.22 -Revenue (Q4): $3.17 Bln vs. $2.54 Bln last year. -Revenue Change (Y-o-Y): 24.8%

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Alcoa Corp 44,71 -0,57% Alcoa Corp