Alcoa Earnings Kickoff
11:23 America/Los_Angeles 08 Jul 2009 
1 Comment
Below is a graph showing a bit of history with Alcoa’s earnings and the estimates of the upcoming earnings to prepare for tonights kickoff.
Just as an update to this post:
Alcoa Results for Q2:
The consensus expectation for the company had been a loss of about $0.38 a share, but earnings from continuing operations arrived at a loss of $0.32 per share. Further, backing out restructuring charges drops the number to a $0.26 loss, far better than the analysts who follow the company had anticipated. That net loss of $454 million would have compared to earnings of $546 million in the same quarter a year ago.
The most important fact is that the stock finished the day down 2.43% on almost 3x average volume.