Alcoa Corp. Bottom Line Declines In Q1

(RTTNews) - Alcoa Corp. (AA) announced a profit for first quarter that Drops, from last year

The company's earnings came in at $425 million, or $1.60 per share. This compares with $548 million, or $2.07 per share, last year.

Excluding items, Alcoa Corp. reported adjusted earnings of $373 million or $1.40 per share for the period.

The company's revenue for the period fell 5.2% to $3.193 billion from $3.369 billion last year.

Alcoa Corp. earnings at a glance (GAAP) :

-Earnings: $425 Mln. vs. $548 Mln. last year. -EPS: $1.60 vs. $2.07 last year. -Revenue: $3.193 Bln vs. $3.369 Bln last year.