Alcoa (AA) Q2 Earnings Top Estimates

Alcoa (AA) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to loss of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 45.45%. A quarter ago, it was expected that this bauxite, alumina and aluminum products company would post a loss of $0.62 per share when it actually produced a loss of $0.81, delivering a surprise of -30.65%.Over the last four qu ...