Alcoa, tops targets, Beats 12C, Revenue Beat

snowball2009

Any thoughts whether it would move the market tomorrow? Thanks.

newgumin

Alcoa posts third straight loss, tops targets

SAN FRANCISCO (MarketWatch) -- Aluminum giant Alcoa Inc. /quotes/comstock/13*!aa/quotes/nls/aa  (AA  9.42, -0.06, -0.65%) on Wednesday reported a secon ...
stock_xyzw 发表于 2009-7-8 16:25

How come AA beats by 12c? 39 - 26 = 13.

newgumin

How come AA beats by 12c? 39 - 26 = 13.
newgumin 发表于 2009-7-8 16:52

Also, Revenue is a miss, not beat: 4.2B reality, 4.3B estimate.

newgumin

Alcoa posts third straight loss, tops targets

SAN FRANCISCO (MarketWatch) -- Aluminum giant Alcoa Inc. /quotes/comstock/13*!aa/quotes/nls/aa  (AA  9.42, -0.06, -0.65%) on Wednesday reported a secon ...
stock_xyzw 发表于 2009-7-8 16:25

Analysts who follow Alcoa expected on average for the company to report a loss of 38 cents a share on sales of $3.93 billion.

The title follows the info posted above, not your MarketWatch results.

Nancy168

This ER will absolutely gloom the material sector. Particularly after a wishful thinking rally based on the prospect that China consumption increased due to economy recovery. I believe for other commodity and material companies, the ERs will be similar. However, we should pay close attention to coal companies, i.e. PCX, whose main clients are power plants rather than steel producers, the story could be different.

newgumin

6# Nancy168

你是说热煤和焦煤？PCX是个小盘股，能左右大势？深切怀疑。