Benzinga | Jan 20, 2021 04:15PM EST

Alcoa: Q4 Earnings Insights

Shares of Alcoa (NYSE:AA) fell 3.77% after the company reported Q4 results.

Quarterly Results

Earnings per share rose 183.87% year over year to $0.26, which beat the estimate of $0.11.

Revenue of $2,392,000,000 declined by 1.81% year over year, which beat the estimate of $2,350,000,000.

Outlook

Alcoa Sees FY21 Total Bauxite Shipments 49M-50M Dry Metric Tons, Alumina Shipments 13.9M-14M Tons, Aluminum Segment Shipping 2.7M-2.8M Metric Tons

How To Listen To The Conference Call

Date: Jan 20, 2021

Time: 05:00 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/aa/mediaframe/32552/indexr.html

Technicals

52-week high: $26.20

Company's 52-week low was at $5.16

Price action over last quarter: Up 84.76%

Company Profile

Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and the manufacture of primary aluminum. It is the world's largest bauxite miner and alumina refiner by production volume, and its profits are closely tied to prevailing commodity prices along the aluminum supply chain.