Alcoa Corporation (AA)
What's Next After Rally For Alcoa Stock?
Alcoa posted a better-than-expected set of Q3 2024 results, with EBITDA rising to $455 million, which is a 6.5x increase year-over-year. Alcoa stock has also fared well in the last 12 months, rising by 75%.
Alcoa Ex-Dividend Reminder - 10/29/24
On 10/29/24, Alcoa will trade ex-dividend, for its quarterly dividend of $0.10, payable on 11/15/24. As a percentage of AA's recent stock price of $42.02, this dividend works out to approximately 0.24%.
Alcoa Stock Looks Interesting On The Dip (Upgrade)
Alcoa's Q3 2024 earnings exceeded EPS forecasts, highlighting its strong operational performance and potential undervaluation, despite a recent stock price dip. I think the company benefits from sanctions on competitor Rusal, driving aluminum demand and prices higher, which supports Alcoa's revenue growth. AA's increased aluminum output, improved EBITDA margins, and strategic acquisitions position it well for future growth and market share gains.
Alcoa Analysts Increase Their Forecasts After Upbeat Earnings
Alcoa Corporation AA reported better-than-expected earnings for the third quarter on Wednesday.
Alcoa Corporation (AA) Q3 2024 Earnings Call Transcript
Alcoa Corporation (NYSE:AA ) Q3 2024 Earnings Conference Call October 16, 2024 5:00 PM ET Company Participants Louis Langlois - SVP, Treasury & Capital Markets William Oplinger - President & CEO Molly Beerman - EVP & CFO Conference Call Participants Timna Tanners - Wolfe Research Christopher LaFemina - Jefferies Lucas Pipes - B. Riley Securities William Peterson - JPMorgan Michael Dudas - Vertical Research Katja Jancic - BMO Capital Markets John Tumazos - John Tumazos Very Independent Research Carlos De Alba - Morgan Stanley Lachlan Shaw - UBS Operator Good afternoon, and welcome to the Alcoa Corporation Third Quarter 2024 Earnings Presentation and Conference Call.
Alcoa (AA) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Alcoa (AA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alcoa expects Q4 to be as strong as Q3, says CEO William Oplinger as shares spike after earnings
William Oplinger, Alcoa president and CEO, to talk earnings ahead of the investor call.
Alcoa, Ignis close to signing joint funding deal for Spain aluminium plant
Alcoa said on Wednesday it was "progressing" toward a strategic cooperation agreement with Spanish renewable energy company Ignis to fund the operation of the U.S. metal producer's aluminium plant in northwestern Spain.
Curious about Alcoa (AA) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Alcoa (AA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
NuLegacy Gold announces name change to Preservation Gold
NuLegacy Gold Corp (TSX-V:NUG) has announced plans to rebrand as Preservation Gold Corporation. The name change, which is pending shareholder approval, is part of broader efforts aimed at revitalizing the company's future, with major decisions scheduled for the upcoming October 7th Annual General Meeting (AGM).
Alcoa: American Industrial Giant On Improvement Track As Aluminum Demand, Price Grows
Alcoa has shown a turnaround as Q2 earnings improved, driven by aluminum's rising price and demand, and cost efficiencies implemented. The dividend has remained stable and should be sustainable as future earnings outlooks are positive. A lower debt-to-equity ratio vs key peers can indicate a healthier debt risk at this firm.
Alcoa: New Positives To Drive The Stock Higher
Alcoa's margin expansion and expected continued profitability through 2025 make it a promising investment with an attractive forward-looking valuation. Alcoa's acquisition of Alumina Limited further strengthens the company as a leader in the industry. Alcoa's ELYSIS technology presents a compelling opportunity further out in the future.
