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Alcoa May Have a Strong Q3

Wednesday, October 18, 2017   (0 Comments)
Posted by: Annie Nguyen
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Alcoa May Have a Strong Q3

Alcoa will beat estimates if smelting energy costs come in lower and/or energy sales come in higher.

Sept. 20, 2017 5:36 a.m. ET

Alcoa (AA: NYSE)

By Morgan Stanley ($44.91, Sept. 19, 2017)

We have raised our third-quarter estimated earnings before interest, taxes, depreciation and amortization (Ebitda) for Alcoa to $532 million and earnings-per-share estimate to 80 cents, and our estimates are now above the Street...

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