Alcoa (AA) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Alcoa reported $3.49 billion in revenue for Q4 2024, a 34.3% year-over-year increase, with an EPS of $1.04 compared to -$0.56 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Financial Performance - Revenue of $3.49 billion surpassed the Zacks Consensus Estimate of $3.41 billion, resulting in a surprise of +2.34% [1] - EPS of $1.04 exceeded the consensus estimate of $0.93, delivering a surprise of +11.83% [1] - Total third-party sales reached $3.49 billion, compared to the average estimate of $3.45 billion, marking a +34.3% change year-over-year [4] Key Metrics - Average realized price per metric ton of alumina was $636, slightly above the estimated $625.59 [4] - Average realized price per metric ton of aluminum was $3,006, below the estimated $3,114.28 [4] - Third-party alumina shipments totaled 2,289 Kmt, exceeding the estimate of 2,127.75 Kmt [4] - Third-party aluminum shipments were 641 Kmt, slightly above the estimate of 639.24 Kmt [4] Segment Performance - Total sales for aluminum were $1.90 billion, compared to the average estimate of $1.97 billion, reflecting a +12.6% year-over-year change [4] - Third-party sales for bauxite reached $128 million, exceeding the estimate of $105.02 million, with a +3.2% year-over-year change [4] - Third-party sales for alumina were $1.47 billion, surpassing the estimate of $1.35 billion, representing an +87.8% change year-over-year [4] - Intersegment sales for alumina were $846 million, exceeding the estimate of $645.07 million, with a year-over-year change of +88.4% [4] - Total sales for alumina were $2.44 billion, compared to the average estimate of $2.05 billion, marking a +80.3% year-over-year change [4]