Alcoa Q4 earnings beat estimates amidst tough macro factors

Alcoa’s (NYSE: AA) fourth quarter earnings beat analyst consensus despite tough macro trends due to ongoing trade wars and lower demand for aluminum along with improved supplies resulting in a price decline of about 20% last year. The company’s adjusted earnings came in at $0.66 per share surpassing street estimates of $0.62 per share. It’s … Continue reading Alcoa Q4 earnings beat estimates amidst tough macro factors