Market News

Alcoa Profit May Triple as Demand Outweighs Inventories

Market News

Bloomberg reported that analysts expect Alcoa (NYSE:AA) to report triple profits in first quarter 2011.

Bloomberg reported that analysts expect Alcoa (NYSE:AA) to report triple profits in first quarter 2011.

The market news is quoted as saying:

Alcoa will post earnings excluding one-time items of 27 cents a share, compared with 10 cents a year earlier, according to the average estimate of 13 analysts surveyed by Bloomberg.

To read the full market news, click here.

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