Get Ready for Earnings Season with Alcoa Tomorrow (NYSE:AA)
Alcoa Inc. (NYSE:AA) is set to kick off Q3 2010 earnings season tomorrow (Oct 7th), the numbers come out at 4 PM and the conference call starts at 5 PM EST.
Alcoa (AA) shares have traded between $9.81 and $17.60 over the past 12 months. Alcoa shares are now trading with a P/E Ratio of 0 and EPS of -0.29.
Alcoa's current market cap is $12.6 billion, today AA shares are trading at $12.40, up 2.14% and its shares have moved up 20.89% from its 52-week low and are 41.94% below its 52-week high.
The Street consensus on Alcoa calls for a profit of 6 cents per share on $4.95 billion revenue.
Alcoa estimates have a range of 11 cents a share. The high estimate calls for profit of 12 cents a share and the low estimate is calling for a profit of a penny a share, a year ago for the quarter the company reported 4 cents a share. Alcoa surprised analysts by 8% earning 13 cents instead of the 12 cent forecast in Q2.
Let's hope for all investors that Alcoa kicks off earnings season right, best of luck to all playing the call.
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