24/7 Wall St.
07-08-2008, 06:10 PM
24/7 Wall St. Daily News
Alcoa Inc. (NYSE: AA) has come out and reported earnings, marking the first of the large companies to post earnings to kick off earnings season. The metals giant posted $0.66 EPS on $7.6 Billion in revenues. First Call had estimates of $0.64 EPS on $7.36 Billion in revenues. The company even noted that these results were achieved despite a negative after-tax impact of $39 million, or $0.05 per share, associated with the gas pipeline explosion in Western Australia and power disruptions at the Rockdale, TX smelter. The company has also noted how its higher volumes and pricing power have helped...http://feeds.feedburner.com/~f/typepad/RyNm?i=SM7gLJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=SM7gLJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=26EQ8J</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=26EQ8J) http://feeds.feedburner.com/~f/typepad/RyNm?i=RD4mgj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=RD4mgj)
complete story here... (http://www.247wallst.com/2008/07/alcoa-good-enou.html)
Alcoa Inc. (NYSE: AA) has come out and reported earnings, marking the first of the large companies to post earnings to kick off earnings season. The metals giant posted $0.66 EPS on $7.6 Billion in revenues. First Call had estimates of $0.64 EPS on $7.36 Billion in revenues. The company even noted that these results were achieved despite a negative after-tax impact of $39 million, or $0.05 per share, associated with the gas pipeline explosion in Western Australia and power disruptions at the Rockdale, TX smelter. The company has also noted how its higher volumes and pricing power have helped...http://feeds.feedburner.com/~f/typepad/RyNm?i=SM7gLJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=SM7gLJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=26EQ8J</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=26EQ8J) http://feeds.feedburner.com/~f/typepad/RyNm?i=RD4mgj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=RD4mgj)
complete story here... (http://www.247wallst.com/2008/07/alcoa-good-enou.html)