AA stock moved lower after Alcoa posted mixed Q2 results, with record aluminum EBITDA offset by weaker alumina segment performance.
Alcoa Corp.
(NYSE:AA) reported mixed second-quarter results after Thursday’s closing bell.
Earnings of $2.12 per share missed the Street estimate of $2.25.
Meanwhile, revenue of $3.97 billion beat the analyst consensus estimate of $3.94 billion.
Revenue rose 24% year over year (Y/Y) and was the highest in the company’s nearly 10-year history.
Here's a look inside the Q2 earnings report from Alcoa.
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