Alcoa (AA) Q2 Earnings Top Estimates

分组1 - Alcoa reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.11 per share, compared to a loss of $0.35 per share a year ago, indicating a significant improvement [1] - The company's quarterly revenue was $2.91 billion, which missed the Zacks Consensus Estimate by 1.92%, but showed an increase from $2.68 billion year-over-year [1] - Over the last four quarters, Alcoa has surpassed consensus EPS estimates two times and topped consensus revenue estimates twice [1] 分组2 - Alcoa shares have increased by approximately 13.7% since the beginning of the year, while the S&P 500 has gained 18.8% [2] - The company's earnings outlook is crucial for future stock performance, with current consensus EPS estimates at $0.87 for the coming quarter and $2.20 for the current fiscal year [4] - The Metal Products - Distribution industry, to which Alcoa belongs, is currently ranked in the top 15% of over 250 Zacks industries, indicating a favorable industry outlook [4] 分组3 - The estimate revisions trend for Alcoa is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [3] - Constellium, another company in the same industry, is expected to report quarterly earnings of $0.43 per share, reflecting a year-over-year change of +22.9% [5] - Constellium's anticipated revenues are $2.12 billion, which represents a slight decline of 0.2% from the previous year [5]