Alcoa: stock up after preliminary results
(CercleFinance.com) - The Alcoa share is up 5% in early trading on Wall Street, with the aluminum manufacturer having said that it expects an adjusted loss per share that is limited to between zero and eight cents for Q2 2020, compared to a loss per share of one cent a year ago.
Preliminary figures also suggest adjusted EBITDA excluding non-recurrent extraordinary items of between 175 million and 190 million dollars, with revenues of 2,100 million to 2,175 million dollars, compared with respectively 455 million and 2,711 million dollars for the same period in 2019.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
Preliminary figures also suggest adjusted EBITDA excluding non-recurrent extraordinary items of between 175 million and 190 million dollars, with revenues of 2,100 million to 2,175 million dollars, compared with respectively 455 million and 2,711 million dollars for the same period in 2019.
Copyright (c) 2020 CercleFinance.com. All rights reserved.