Alcoa Inc (AA) Earnings: Will Aluminum Producer Beat Expectations In Fourth Quarter?

IBTimes 2014-01-09

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Adam Sarhan, founder and chief executive officer of Sarhan Capital, weighs in on fourth quarter earnings season and how aluminum demand will impact Alcoa Inc. (NYSE: AA) in the previous quarter. Sarhan also discusses expectations ahead of next week's financials earnings from Wells Fargo & Co. (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corp. (NYSE:BAC), Citigroup Inc. (NYSE:C) and Goldman Sachs Group Inc. (NYSE:GS).

Alcoa Inc. (NYSE:AA) is scheduled to report fourth-quarter earnings after the bell on Thursday. The aluminum producer is expected to report fiscal fourth-quarter earnings of 5 cents per share on revenue of $5.43 billion, according to analysts polled by Reuters. The company posted a profit of 21 cents a share on revenue of $5.90 billion in the year-ago period.

Shares of Alcoa rose 2.51 percent to $39.24 ahead of the announcement. 

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