Alcoa (AA) reported $2.9 billion in income for the quarter ended September 2024, representing a year-over-year enhance of 11.6%. EPS of $0.57 for a similar interval compares to -$1.14 a 12 months in the past.
The reported income represents a shock of -3.03% over the Zacks Consensus Estimate of $2.99 billion. With the consensus EPS estimate being $0.23, the EPS shock was +147.83%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s value efficiency extra precisely.
Right here is how Alcoa carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Common realized third-party value per metric ton of alumina: $485 in comparison with the $487.83 common estimate primarily based on two analysts.
- Common realized third-party value per metric ton of aluminum: $2,877 in comparison with the $2,878.61 common estimate primarily based on two analysts.
- Third-party alumina shipments in Tons: 2,052 Kmt in comparison with the two,136.71 Kmt common estimate primarily based on two analysts.
- Third-party aluminum shipments in Tons: 638 Kmt versus the two-analyst common estimate of 647.51 Kmt.
- Complete sales- Aluminum: $1.81 billion versus $1.84 billion estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +9.7% change.
- Third-party sales- Bauxite: $93 million versus $91.42 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -16.2% change.
- Third-party sales- Alumina: $1 billion versus $1.06 billion estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +18.6% change.
- Intersegment sales- Aluminum: $5 million versus the two-analyst common estimate of $4.50 million. The reported quantity represents a year-over-year change of +25%.
- Complete Third-party gross sales: $2.90 billion versus the two-analyst common estimate of $3.02 billion. The reported quantity represents a year-over-year change of +11.6%.
- Intersegment sales- Alumina: $565 million in comparison with the $491.86 million common estimate primarily based on two analysts. The reported quantity represents a change of +48.3% 12 months over 12 months.
- Complete sales- Alumina: $1.66 billion versus $1.64 billion estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +24.1% change.
- Third-party sales- Aluminum: $1.80 billion versus $1.87 billion estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +9.6% change.
View all Key Company Metrics for Alcoa here>>>
Shares of Alcoa have returned +21.6% over the previous month versus the Zacks S&P 500 composite’s +3.5% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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