Alcoa

Alcoa Corp. engages in the production of bauxite, alumina, and aluminum products. It operates through the following segments: Bauxite, Alumina, and Aluminum. The Bauxite segment represents the company’ global bauxite mining operations. The Alumina segment includes the company’s worldwide refining system, which processes bauxite into alumina. The Aluminum segment combines smelting and casting operations to produce primary aluminum. The smelting operations produce molten primary aluminum, which is then formed by the casting operations into either foundry ingot or into value-add ingot products, including billet, rod, and slab. The company was founded by Charles Martin Hall on July 9, 1886 and is headquartered in Pittsburgh, PA.

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Alcoa reports Q4 loss, focuses on safety and market challenges

Alcoa faced a net loss in Q4 2022 but returned capital to stockholders and simplified its reporting structure for 2023.
The company highlighted safety, operational highlights, and strategic restarts while addressing market challenges.
Confidence in new leadership appointments and a positive outlook on aluminum demand and market opportunities.
Challenges in cost structures, energy prices, and bauxite quality require effective solutions for sustainable growth.

Alcoa reports improved Q1 earnings, focuses on sustainability and operational challenges

Alcoa's Q1 2023 Earnings Call highlighted improved financial performance, strategic initiatives towards sustainability, and operational challenges in capacity restarts and market dynamics. The company remains focused on responsible mining practices, innovation in low-carbon products, and addressing challenges in the alumina and aluminum markets. Alcoa's progress in financial metrics, operational updates, and long-term strategies underscore its commitment to sustainable growth and market leadership.

Alcoa reports revenue growth and cost challenges amid market uncertainties

Alcoa's Q2 performance showed revenue growth and improved net loss, but faced challenges from cost pressures and market uncertainties.
The company is leveraging strengths like new contracts, demand for low-carbon products, and cost-saving initiatives to navigate the current environment.
Opportunities lie in operational improvements, market influence efforts, and balanced global markets for aluminum and alumina.

Alcoa reports Q3 loss, eyes aluminum demand rebound in 2024

Alcoa's Q3 performance showed a net loss but highlighted operational achievements and strategic focus.
The company is addressing challenges while aiming to capitalize on opportunities in the aluminum market.
Strategic initiatives focus on cost control, operational improvements, and long-term growth strategies.
Analysts and investors are closely monitoring Alcoa's progress and future outlook.

Alcoa reports stable Q4 revenue, eyes EBITDA growth opportunities

Alcoa's financials showed mixed results in Q4 2023, with revenue flat but improved EBITDA.
The company faces challenges with cash preservation at San Ciprian and cost reduction efforts.
Opportunities lie in production expectations for 2024 and doubling EBITDA in the next 2 years.
Alcoa's focus on safety, production records, and low-carbon solutions are key strengths.

Alcoa to acquire Alumina Limited, reports stable Q1 performance

Alcoa's Q1 performance showed stable revenue, improved safety, and operational achievements, with a focus on cost savings and shareholder value enhancement.
The company faces challenges in asset sales, cash flow management, technology implementation timelines, and achieving profitability targets.
Opportunities lie in the pending acquisition, market outlook, operational progress, and potential cost benefits, driving optimism for Alcoa's future.
Overall, Alcoa remains resilient amidst challenges, leveraging strengths in market conditions and strategic initiatives to navigate the industry landscape.

Alcoa reports strong Q2 earnings, poised for growth amid market strength

Alcoa's Q2 2024 earnings call highlighted robust financial results, strategic acquisitions, operational excellence, and positive market outlook. While challenges in managing expenses and addressing analyst inquiries exist, the company is well-positioned to capitalize on market strength and drive future growth through ongoing initiatives.

Alcoa reports strong Q3 performance, eyes growth amid market opportunities

Alcoa's Q3 showed strength in operational performance and strategic actions, though challenges in the Aluminum segment persisted. The company is capitalizing on opportunities in the alumina market and profitability improvement programs. With a positive market environment and strategic updates, Alcoa is poised for growth.

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Alcoa Corp. engages in the mining of bauxite. The firm is also involved in the upstream aluminum industry. It operates through the Alumina and Aluminum segments. The Alumina segment consists of a refining system, including the mining of bauxite, which is then refined into alumina, a compound of aluminum and oxygen that is the raw material used by smelters to produce aluminum metal. The Aluminum segment is composed of smelting and casthouse system, as well as energy assets in Brazil, Canada, and the United States. The company was founded by Charles Martin Hall on July 9, 1886 and is headquartered in Pittsburgh, PA.

Alcoa stock increased an impressive 69% in the last six months and currently trades around $13 per share. The rise was mainly due to recovery in the aluminum prices as global lockdowns were gradually being lifted.

After 70% Rise, Having Alcoa In Your Portfolio May Not Make Sense

Alcoa posted its ninth straight quarterly EBITDA beat, but the market continues to shrug off signs of Alcoa-specific performance improvements and improving spot prices.

Despite Rising Prices And Good Management Execution, Alcoa Can't Get Any Love

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Earnings were better than expected. The outlook was not.

Why Shares of Alcoa Are Falling Today

Alcoa Corporation (AA) CEO Roy Harvey on Q3 2020 Results - Earnings Call Transcript

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today reported third quarter 2020 results that reflect improved pricing for alumina and aluminum, continued operational excellence during the pandemic, and a strong cash position. Third Quarter Highlights Generated $158 million in cash from operations; $84 million free cash flow Set new production records for Alcoa operated mines and refineries Grew cash balance to $1.74 billion, including the proceeds from a $750 million debt issuance R

Alcoa Corporation Reports Third Quarter 2020 Results: Strong operating and safety performance with continued stability Executing well on strategic actions and initiatives, enhancing liquidity

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Alcoa (NYSE: AA) releases its next round of earnings this Wednesday, October 14. Here is Benzinga's essential guide to Alcoa's Q3 earnings report.

Preview: Alcoa's Earnings

Alcoa Corp. said Friday it is curtailing its San Ciprián aluminum smelter in Spain in move that will impact about 530 positions. The company said it made the decision after reviewing all options and holding consultations with workers representatives for four months during a potential sale process.

Alcoa to curtail smelter in Spain impacting about 530 employees

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) will curtail its San Ciprián aluminum smelter in Spain and initiate a collective dismissal that will affect approximately 530 employees. On October 8, Alcoa made the decision after considering all options, including reviewing records associated with four months of consultations with the workers’ representatives and the negotiations during a potential sale process. On September 29, 2020, Alcoa announced that the Company would take up to 15 days to det

Alcoa Announces Curtailment and Collective Dismissal at San Ciprián Aluminum Smelter in Spain

Alcoa (AA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Alcoa (AA) Q3 Earnings Expected to Decline

PITTSBURGH--(BUSINESS WIRE)--The formal consultation process regarding the San Ciprián aluminum plant in Spain officially ended on September 28, 2020, without an agreement with the workers’ representatives. Alcoa will now have up to 15 days to determine and announce a decision regarding the smelter’s 228,000 metric tons of annual capacity. On August 13, 2020, Alcoa announced it had agreed to extend the formal consultation period for collective dismissal so the Company could consider a potential

Consultation Period for San Ciprián Aluminum Plant Officially Ends Without Agreement; Alcoa Has up to 15 Days to Announce Decision

Despite a formidable rise of 125% since the March lows of this year, at the current price of around $12 per share, Alcoa stock has still not reached its near-term potential. Alcoa’s stock has rallied from $5.48 to $12.30 off the recent bottom compared to the S&P which increased 47% during the same.

Alcoa’s Stock Up 125% In 6 Months; Upside Still Remains

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Alcoa (AA) a Great Value Stock Right Now?

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.

Alcoa (AA) Upgraded to Buy: Here's Why

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE:AA) announced today that William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate in two separate investor conferences: Credit Suisse 33rd Annual Basic Materials Conference Oplinger will participate in a virtual question and answer session on Tuesday, September 15, 2020, beginning at 9:30 a.m.

William F. Oplinger, Alcoa’s EVP and CFO, to Participate in Conferences Hosted by Credit Suisse and Morgan Stanley

Alcoa Corp (NYSE: AA) seems poised for an earnings beat in the back half of the year given an improved aluminum outlook, according to BofA Securities.

BofA Upgrades Alcoa On More Positive Aluminum Outlook

Investors applauded President Trump's move to protect the U.S. aluminum industry.

How Trump Sent Alcoa Stock Soaring 12.5% in August

Alcoa Corporation: Aluminum Comeback

PITTSBURGH--(BUSINESS WIRE)--Alcoa today announced an agreement with the workers’ representatives for the San Ciprián aluminum plant in Spain to extend the deadline of the formal consultation period for collective dismissal to September 28, 2020. The agreement is endorsed by the national and regional governments and includes a process to evaluate a potential sale of the aluminum plant to GFG Alliance, an organization that publicly expressed interest in acquiring the facility.

Alcoa Announces Agreement to Extend Consultation Period Regarding San Ciprián Aluminum Plant in Spain and Pursue Potential Sale

A Relative Strength Rating upgrade for Alcoa shows improving technical performance.
The post Alcoa Shows Market Leadership With Jump To 85 RS Rating appeared first on Investor's Business Daily.

Alcoa Shows Market Leadership With Jump To 85 RS Rating

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Why Alcoa Stock Rose Today, But Shopify and Zoom Video Shares Dropped

Alcoa (NYSE: AA) shares are trading higher on Monday after the U.S. last week reinstated tariffs on Canadian aluminum, which would benefit domestic producers.

Why Alcoa's Stock Is Trading Higher Today

Canada's Deputy Prime Minister Chrystia Freeland warned the U.S. in a statement on Friday that Canada will impose tariffs equivalent to those imposed by the U.S.

Canada Ready To Impose Retaliatory Tariffs On US Goods

The aluminum specialist did particularly well in July, with most of the gains coming in the second half of the month.

News for Alcoa Stock (AA)