Alcoa (AA) Tops Q4 EPS by 73c, Revs In-Line
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Alcoa Corporation Reports Fourth Quarter and Full Year 2021 Results
January 19, 2022 4:10 PM ESTPITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA) today reported fourth quarter and full year 2021 results that included the Companys highest annual net income and earnings per share, driven by continued strength in alumina and aluminum pricing and solid operational performance.
Fourth Quarter Highlights
Increased revenue to $3.3 billion, a 7 percent sequential increase and highest quarterly result since 4Q18 Generated $565 million in cash from operations; finished the quarter with a cash balance of $1.9 billion, including restricted cash of $110 million Recorded quarterly net loss of $392 million and loss per... More