AlcoaNYSE: AA

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Alcoa posted a better-than-expected set of Q3 2024 results, with EBITDA rising to $455 million, which is a 6.5x increase year-over-year. Alcoa stock has also fared well in the last 12 months, rising by 75%.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) welcomes the U.S. Treasury Department's final regulations on the Section 45X Advanced Manufacturing Production Credit, enacted as part of the Inflation Reduction Act (IRA). As recognized by the Administration, Section 45X is an important tool for shoring up domestic manufacturing of critical materials, including commercial-grade aluminum from Alcoa's U.S. smelters in Newburgh, Indiana, and Massena, New York. The aluminum produc.

Alcoa's Q3 2024 earnings exceeded EPS forecasts, highlighting its strong operational performance and potential undervaluation, despite a recent stock price dip. I think the company benefits from sanctions on competitor Rusal, driving aluminum demand and prices higher, which supports Alcoa's revenue growth. AA's increased aluminum output, improved EBITDA margins, and strategic acquisitions position it well for future growth and market share gains.

Alcoa Corporation (NYSE:AA ) Q3 2024 Earnings Conference Call October 16, 2024 5:00 PM ET Company Participants Louis Langlois - SVP, Treasury & Capital Markets William Oplinger - President & CEO Molly Beerman - EVP & CFO Conference Call Participants Timna Tanners - Wolfe Research Christopher LaFemina - Jefferies Lucas Pipes - B. Riley Securities William Peterson - JPMorgan Michael Dudas - Vertical Research Katja Jancic - BMO Capital Markets John Tumazos - John Tumazos Very Independent Research Carlos De Alba - Morgan Stanley Lachlan Shaw - UBS Operator Good afternoon, and welcome to the Alcoa Corporation Third Quarter 2024 Earnings Presentation and Conference Call.

While the top- and bottom-line numbers for Alcoa (AA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

William Oplinger, Alcoa president and CEO, to talk earnings ahead of the investor call.

Alcoa said on Wednesday it was "progressing" toward a strategic cooperation agreement with Spanish renewable energy company Ignis to fund the operation of the U.S. metal producer's aluminium plant in northwestern Spain.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock and Series A convertible preferred stock, to be paid on November 15, 2024 to stockholders of record as of the close of business on October 29, 2024. About Alcoa Corporation Alcoa (NYSE: AA; ASX: AAI) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the.