Monday, July 11, 2016

Alcoa Q2 Profit Down, But Beats Street; Shares Up

Alcoa Inc. (AA), the largest producer of aluminum in the US, Monday reported a decline in profit for the second quarter, as sales dropped 10 percent reflecting low aluminum prices. Nevertheless, both the earnings and revenues trumped Wall Street analysts' estimates, sending its shares up by a near 4 percent in the after-hours trading.

from RTT - Earnings http://ift.tt/29E7lSa
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