Alcoa Inc March Earnings estimates report april 10 2012, Alcoa Inc earning forecast march 2012, Alcoa Inc earning report april 10 2012, Zacks alcoa earning prediction march 2012 : First-quarter earnings season kicks off next week with the release of Alcoa's results on Tuesday. The company's bottom-line results have suffered in recent quarters amid weakened demand in Europe, slumping aluminum prices and climbing raw-material costs, and analysts polled by Thomson Reuters expect Alcoa to post another loss. The top U.S. aluminum producer recently said it plans to cut alumina production by about 2% this year, in an effort to match output with its plans to reduce smelter capacity amid global overcapacity and slumping prices for the lightweight metal. Zacks Equity Research Alcoa Inc. Earnings Preview:
We believe that the company’s outlook depends on the uncertainties in the aluminum market. We are concerned about volatile prices of aluminum and rising raw material costs.
Alcoa also faces stiff competition from Aluminum Corporation of China Limited (ACH), Rio Tinto plc. (RIO) and BHP Billiton Ltd. (BHP). In view of the above stated reasons, the company retains a Zacks #3 Rank, indicating a short-term (1 to 3 months) “Hold” rating and we have a long-term (more than 6 months) “Neutral” recommendation on the stock.
Alcoa Inc.(AA) is scheduled to report its first-quarter 2012 results after the market closes on Tuesday, April 10. The Zacks Consensus Estimate for the quarter is a loss of 4 cents per share, representing a significant year over year decrease of 112.5%.
With respect to earnings surprises, the company missed the Zacks Consensus Estimate in three of the trailing four quarters while exceeding in one of the quarters. This is reflected in the average earnings surprise of -109.64%.
Analyst Estimates
Earnings date: April 10 2012
Avg. Estimate -0.04
Low Estimate -0.12
High Estimate 0.07
ear Ago EPS 0.28
For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
alcoa stock
earnings reports
- Alcoa Inc earning per share $0.06 revenues of $5.9 billion
- Alcoa Inc.earnings estimates report january 8 2013
- Analysis Easyjet dividend profit margins jump
- AMD Q3 Revenue expected down 2012
- Discover Financial Services (DFS) earnings estimates report september 27 2012
- Walgreen (WAG) earnings estimates report september 28 2012
- Red Hat earnings estimates report september 24 2012
- earnings report to watch september 10 2012
- Pandora Media earnings report august 30 2012
- Vivendi earnings report august 30 2012
- Earnings Report to watch 8/30/2012
- FDIC insured banks earnings report august 29 2012
- JoS. A. Bank Clothiers earnings report august 29 2012
- Zumiez earnings estimate report august 30 2012
- Frontline Q2 Earnings Conference Calls August 29, 2012
- Star Bulk Carriers Conference Call Q2 august 29 2012
- Pandora Media Q2 earnings estimates report August 29, 2012
- Companies Earning report week 27- 31 august 2012
- Hewlett-Packard Earnings results Q3 estimated report 8/22/2012
- Dell Earnings results Q2 estimated report 8/21/2012
- earnings report to watch week 20-25 August 2012
- Walmart Earnings per share forecast 2013
- Walmart Q2 Earning Report 8/16/2012
- Sysco Corp Earning estimates report 8/13/2012
- Groupon Earning estimates report 8/13/2012
No comments:
Post a Comment