Alcoa Heads to Highest Profit in 2 Years on Aluminum

- January 10th, 2011

Bloomberg.com reports that there is expectation that Alcoa (NYSE:AA) is about to announce its’ highest earnings in nine quarters

Bloomberg.com reports that there is expectation that Alcoa (NYSE:AA) is about to announce its’ highest earnings in nine quarters.

The story is quoted as saying:

The company will report fourth-quarter net income of 19 cents a share after trading today, compared with a 28-cent loss a year earlier, according to the average of 15 analysts’ estimates in a Bloomberg survey. That would be the New York- based company’s biggest profit since the third quarter of 2008, when commodity prices began to tumble.

To access the full story, click here.

Get the latest Aluminum Investing stock information

Get the latest information about companies associated with Aluminum Investing Delivered directly to your inbox.

Aluminum Investing

Tags

Tags:

Leave a Reply