Don't Overlook These 2 Top-Rated Stocks After Earnings
Quite a few stocks stand out after exceeding Q2 earnings expectations this week with several sporting a Zacks Rank #2 (Buy) following their favorable quarterly reports.
Alcoa's Profitability Program Reaping Results - Analyst Sees Tailwinds From Lagged Alumina Pricing
B Riley Securities analyst Lucas Pipes maintains Alcoa Corporation AA with a Neutral rating, raising the price target from $39 to $43.
Alcoa Corporation (AA) Q2 2024 Earnings Call Transcript
Alcoa Corporation (NYSE:AA ) Q2 2024 Earnings Conference Call July 17, 2024 5:00 PM ET Company Participants James Dwyer - Vice President, Investor Relations & Pension Investments William Oplinger - President & Chief Executive Officer Molly Beerman - Executive Vice President & Chief Financial Officer Conference Call Participants Carlos De Alba - Morgan Stanley Katja Jancic - BMO Capital Markets Michael Dudas - Vertical Research John Tumazos - John Tumazos Very Independent Research Timna Tanners - Wolfe Research Alex Hacking - Citi Lucas Pipes - B. Riley Operator Good afternoon, and welcome to the Alcoa Corporation Second Quarter 2024 Earnings Presentation and Conference Call.
Alcoa (AA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Alcoa (AA) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alcoa (AA) Q2 Earnings Top Estimates
Alcoa (AA) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to loss of $0.35 per share a year ago.
Housing Starts Increased More Than Expected
Pre-market futures are down this morning. This does not appear to be as a result of any releases ahead of the open, but as sort of a mass realization that markets have climbed historically high over the past few weeks — even the Dow hit an all-time closing high yesterday — and another round of profit-taking seems to be in order.
Alcoa Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Alcoa Corporation AA will release its second quarter financial results, after the closing bell on Wednesday, July 17.
Alcoa (AA) Moves to Buy: Rationale Behind the Upgrade
Alcoa (AA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Is Alcoa (AA) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Alcoa (AA) and Chart Industries (GTLS) have performed compared to their sector so far this year.
Alcoa (AA) Is Attractively Priced Despite Fast-paced Momentum
Alcoa (AA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Curious about Alcoa (AA) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Alcoa (AA) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Alcoa Corporation: Great News Justifies Additional Upside
Alcoa Corporation shares rose over 2% after announcing preliminary financial results for the second quarter of fiscal year 2024. Revenue for the quarter is expected to exceed last year's figures and analysts' expectations, driven by higher sales prices and shipment volumes. Management remains optimistic about the future, with plans to boost profitability and progress on key initiatives like the Alumina Limited acquisition and ELYSIS technology.
