Why Alcoa Stock Popped on Friday
Alcoa doubled its profit in Q3 and grew sales 24%. Management is holding firm on shipments estimates for the rest of this year, but warned of higher costs.
Alcoa doubled its profit in Q3 and grew sales 24%. Management is holding firm on shipments estimates for the rest of this year, but warned of higher costs.
Alcoa (NYSE:AA), the global aluminium producer, more than doubled its third-quarter net profit year on year, although lower aluminium prices and shipments weighed on earnings compared with the previous quarter. Net income attributable to Alcoa (NYSE:AA) rose to $483 million in the three months to September, up from $232 million a year earlier, while diluted earnings per share increased to $1.81 from $0.88.
Alcoa (AA) shares are rising following a strong adjusted earnings performance, driven by enhanced operations and significant cash generation, which helped mitig
An earnings beat and a data center land deal are sending an aluminum producer's shares sharply higher. Alcoa (NYSE:AA | AA Price Prediction) shares are up 8% to $43.69 in morning trading.
Alcoa completed $2.6 billion in debt financing for its AliGroup purchase. The company agreed to sell Massena East land for $315 million.
Alcoa Corp (NYSE:AA) stock is 1.9% higher to trade at $41.27 this morning.
AA advances its AliGroup acquisition plans as Q3 earnings beat estimates, while rising input costs, production gains and debt reduction shape its outlook.
Stock futures are a quiet bunch this morning as investors react to Tesla news and rate hike rhetoric
Shares of Alcoa Corporation (NYSE:AA) rose sharply in pre-market trading after the company reported upbeat earnings for the third quarter.
Alcoa Corporation (AA) Q3 2026 Earnings Call Transcript
Alcoa NYSE: AA reported third-quarter 2026 net income attributable to the company of $483 million, or $1.81 per share, compared with $407 million in the prior quarter, as improved operating performance and higher alumina prices helped offset lower metal prices.
Although the revenue and EPS for Alcoa (AA) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
William Oplinger, Alcoa president and CEO, joins CNBC's Morgan Brennan to talk teh companies Q3 results, its latest data center buildout news, aluminum prices, and more.
Sales and earnings are up on higher commodity prices amid a broader commodity boom.
Alcoa posted a quarterly profit of $483 million, up from $232 million a year earlier, after the company worked to improve operations and boost production.
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) (Alcoa or the Company) today reported results for the third quarter 2026, a period that included strong cash generation and continued progress on the Company's operational and strategic priorities. Financial Results and Highlights M, except per share amounts 3Q26 2Q26 3Q25 Revenue $ 3,704 $ 3,966 $ 2,995 Net income attributable to Alcoa Corporation $ 483 $ 407 $ 232 Earnings per common share $ 1.81 $ 1.53 .
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) (“Alcoa” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock, to be paid on November 13, 2026 to stockholders of record as of the close of business on October 27, 2026.About Alcoa CorporationAlcoa is a global industry leader in bauxite, alumina and aluminum products with a Vision to build a legacy of excellence for future generation.
South32 Ltd (LSE:S32, ASX:S32, FRA:32Z, OTC:SHTLF, JSE:S32) shareholders will vote today on the proposed $8 billion sale of its aluminium and alumina assets to Alcoa (NYSE:AA), a transaction that would reshape the miner's portfolio and accelerate its transition towards higher-growth base metals. The vote at South32's annual general meeting marks a significant step in the company's strategy to move beyond its origins as a BHP spin-off and concentrate investment on copper, silver, lead, zinc and manganese.
AA is poised for strong Q3 2026 revenue and earnings growth, fueled by aluminum sales and smelter restarts, but alumina weakness and rising costs loom.
Wall Street analysts reshuffled their bets Wednesday, hitting several major tech and industrial names with surprise downgrades while selectively upgrading defense and commodity plays. Find out which stocks just got a fresh vote of confidence and which ones lost favor.