Alcoa Corporation (NYSE:AA) stock rose Friday after the company reported its fourth-quarter results, with both revenue and earnings exceeding the consensus.
Details
Revenue of $3.45 billion, up 15% sequentially (Q/Q), exceeded the consensus of $3.31 billion, and adjusted EPS of $1.26 exceeded the consensus of $0.92.
Adjusted EBITDA, excluding special items, totaled $546 million, up $276 million Q/Q, aided by higher aluminum prices, recognition of CO₂ compensation in Spain and Norway, and the absence of asset retirement obligation charges recorded in the third quarter of fiscal 2025.
Business Performance
In the Alumina segment, third-party revenue rose 3% Q/Q, led …