Alcoa (AA) Reports Q1 Loss, Tops Revenue Estimates

Alcoa (AA) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of$ 0.62. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -30.65%. A quarter ago, it was expected that this bauxite, alumina and aluminum products company would post a loss of$ 0.99 per share when it actually produced a loss of $0.56, delivering a surprise of 43.43%.Over the last four quarte ...