Alcoa Corp. Q4 Loss Drops
(RTTNews) - Alcoa Corp. (AA) reported Loss for fourth quarter that decreased from last year
The company's earnings came in at -$150 million, or -$0.84 per share. This compares with -$395 million, or -$2.24 per share, in last year's fourth quarter.
Excluding items, Alcoa Corp. reported adjusted earnings of -$100 million or -$0.56 per share for the period.
The company's revenue for the quarter fell 2.3% to $2.60 billion from $2.66 billion last year.
Alcoa Corp. earnings at a glance (GAAP) :
-Earnings (Q4): -$150 Mln. vs. -$395 Mln. last year. -EPS (Q4): -$0.84 vs. -$2.24 last year. -Revenue (Q4): $2.60 Bln vs. $2.66 Bln last year.
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