08.07.2014 22:19:04
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Alcoa Q2 Adj. Profit Tops View - Quicki Facts
(RTTNews) - Alcoa Inc. (AA) Tuesday reported second-quarter net income attributable to the company of $138 million or $0.12 per share, compared to a net loss of $119 million or $0.11 per share in the comparable quarter last year.
Excluding items, adjusted net income for the latest second quarter increased to $216 million or $0.18 per share from $76 million or $0.07 per share a year ago. On average, 17 analysts polled by Thomson Reuters estimated earnings of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter were $5.84 billion, down from $5.85 billion in the prior year, while twelve analysts had a consensus revenue estimate of $5.66 billion.
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