Alcoa’s Sub-Par Quarter

Alcoa’s (NYSE:AA) shares are trading lower in after-market trading on news that the company announced a slower second half of the year.  The company recorded EPS of $0.15 as compared to expectations of $0.22 per share.  Its revenue of $6.42 billion agreed with analysts’ expectations, suggesting that its margins are worse than expected.

Alcoa’s CEO noted that aluminum prices fell in the third quarter, prompting speculation that the company’s pricing issues are a harbinger of a slowing economy.

Your Cheat Sheet to Alcoa’s Earnings: Alcoa Inc. Earnings Cheat Sheet: Margins Expand For Fifth Straight Quarter, Net Income Rises>>

Following is some information on Alcoa’s stock price performance, as well as that of some of its competitors:

  • Alcoa, Inc. (NYSE:AA): The shares recently traded at $10.30, up $0.21, or 2.08%, on the day.  The shares have traded in a 52-week range of $8.45 to $18.47 and its market capitalization is $10.96 billion. About the company: Alcoa, Inc. produces primary aluminum, fabricated aluminum, and alumina, and participates in mining, refining, smelting, fabricating, and recycling.  The Company serves customers worldwide primarily in the transportation, packaging, buildings, and industrial markets with both fabricated and finished products.
  • Aluminum Corp. of China (NYSE:ACH): The shares recently traded at $12.13, up $0.35, or 2.97%, on the day.  The shares have traded in a 52-week range of $10.39 to $26.80 and its market capitalization is $6.56 billion.  About the company: Aluminum Corporation of China Limited, also known as Chalco, is a producer of alumina and primary aluminum in China.  The Company refines bauxite into alumina and smelts aluminato to produce primary aluminum.
  • Kaiser Aluminum Corp. (NASDAQ:KALU): The shares recently traded at $45.77, down $0.48, or 1.04%, on the day.  The shares have traded in a 52-week range of $40.12 to $57.29 and its market capitalization is $881.91 million.   About the company: Kaiser Aluminum Corporation produces alumina, primary aluminum, and fabricated aluminum products.  The Company also supplies alumina and primary aluminum in domestic and international markets.

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

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