$AA – Alcoa,Inc – last closed at $8.06 – Bullish (long term)
Alcoa, Inc is a lightweight metals manufacturing company. Its products, which include aluminum, titanium and nickel, are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defence, consumer electronics, and industrial applications across the world. The Company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions.
Post today’s market close, Alcoa will announce its reports for Q4. It will also announce its $1.5 Billion Long-term supply contract with General Electric Inc’s Aviation Unit, underscoring its efforts to offset the difficult market conditions.
Wall Street’s fourth-quarter forecast for Alcoa’s EPS is 0.04 whereas, Estimize’s 115 respondents predict that EPS would be slightly higher at 0.06.