Alcoa Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/12/2026
- Wall Street ends higher as investors turn to earnings season
- Oil prices settle lower on hopes for smoother shipping in Strait of Hormuz
- The real reason Meta shares are surging has nothing to do with its new AI model
- Stifel lifts Shopify to Buy, sees agentic commerce as next growth catalyst
- Delta Air Lines stock climbs on earnings beat and strong guidance
- Former emir of Qatar, Sheikh Hamad bin Khalifa Al Thani, dies at 74
- Almonty Industries (ALM) PT Raised to $33 at DA Davidson
- JPMorgan analysts name top short ideas for third quarter 2026
- The real reason Meta shares are surging has nothing to do with its new AI model
- Wall Street ends higher as investors turn to earnings season
BMO Capital Remains Sidelined on Alcoa (AA) Following 2Q EPS Beat
July 12, 2016 10:47 AM EDTBMO Capital maintained a Market Perform rating and $9.00 price target on Alcoa (NYSE: AA) following the company's 2Q earnings report. AA reported adjusted EPS of $0.15, ahead of the consensus estimate of $0.09.
Analyst David Gagliano commented, "Versus our estimates, the main driver for the better result was in the upstream primary aluminum segment, in turn from... More
