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Alcoa rises post-market after guiding Q2 earnings, revenues above consensus (NYSE:AA)

Jeff Swensen/Getty Images News Alcoa (NYSE:AA) +2.7% post-market Wednesday after disclosing preliminary Q2 results showing sequential increases in revenue, net income, adjusted net income and adjusted EBITDA, helped by higher alumina and aluminum prices. Alcoa (AA) said it expects to report Q2 adjusted earnings of $0.08-$0.19/share, beating $0.07 analyst consensusContinue Reading

Alcoa, Freeport McMoRan raised at Morgan Stanley amid continued mining tailwinds (NYSE:AA)

In: Finance

Sean Gallup/Getty Images News Alcoa (NYSE:AA) and Freeport McMoRan (FCX) edge higher in Friday’s trading as Morgan Stanley upgrades shares to Overweight from Equal Weight with respective $50 and $62 price targets, saying the stocks have underperformed the broader market and are now reasonably priced. Morgan Stanley’s Carlos De AlbaContinue Reading

Alcoa rises post-market after guiding Q2 earnings, revenues above consensus (NYSE:AA)

Alcoa, Freeport McMoRan raised at Morgan Stanley amid continued mining tailwinds (NYSE:AA)

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