Alcoa Corp. (NYSE:AA) reported first-quarter results after Thursday’s closing bell, missing analyst estimates on the top and bottom lines.
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Here’s a look at the details.
Q1 Miss x2
Alcoa reported quarterly earnings of $1.40 per share, which missed the consensus estimate of $1.49, according to Benzinga Pro data.
The company said the results “reflect improved profitability from higher aluminum prices.”
However, quarterly revenue came in at $3.19 billion, missing the Street estimate of $3.3 billion and …