July 19, 2018 Sophia Vida
Hot Stocks

Alcoa Reports Q2 Financial Results and Cuts Outlook for This Reason

Alcoa reported its second quarter financial results on Wednesday after the close that topped estimates. Analysts were expecting earnings per share of $1.33, representing a 115% increase, and revenue at $3.555 billion, a growth of 24%. In reality, Alcoa reported EPS of $1.52 and revenue of $3.58 billion, beating both estimates. For the quarter, the … Continue reading “Alcoa Reports Q2 Financial Results and Cuts Outlook for This Reason”