Alcoa Corporation - Alcoa's Q4 sales are expected to increase by 30% to $3.38 billion compared to $2.6 billion in the same quarter last year [3] - Q4 earnings per share (EPS) are projected to swing to $0.91 from an adjusted loss of -$0.56 a year ago [3] - For fiscal year 2024, total sales are anticipated to rise by 11% to $11.76 billion, with annual earnings expected to soar to $0.94 per share from an adjusted loss of -$2.27 in 2023 [4] - FY25 sales projections indicate a further 9% increase to $12.87 billion, with EPS expected to rise over 350% to $4.27 [6] - Over the last 60 days, FY24 EPS estimates have increased by 4%, while FY25 estimates have climbed more than 40% [6] Kinder Morgan - Kinder Morgan's Q4 sales are expected to rise by 3% to $4.16 billion, with Q4 EPS projected at $0.33 compared to $0.28 in the same quarter last year [5] - Annual earnings are forecasted to increase by 9% to $1.17 per share, despite total sales projected at $15.27 billion, slightly down from $15.33 billion in 2023 [5] - FY25 sales projections suggest a rebound with a 5% increase to $15.99 billion, and annual earnings are expected to rise by another 5% to $1.23 per share [6] - Earnings estimate revisions for FY24 have remained unchanged, while FY25 EPS estimates have seen slight increases [8] Investment Outlook - Both Alcoa Corporation and Kinder Morgan are positioned as viable investments for 2025 and beyond, given their increased profitability and positive projections [9]
Don't Overlook These Top Stocks as Q4 Earnings Approach: AA, KMI