Insights into Alcoa's Upcoming Earnings
Portfolio Pulse from Benzinga Insights
Alcoa is set to announce its quarterly earnings on October 16, 2024, with analysts estimating an EPS of $0.37. The company's past performance saw a share price drop despite an EPS beat. Analysts have a Neutral consensus on Alcoa, with a price target suggesting a slight downside. Alcoa's financial health shows challenges in profitability and debt management.
October 15, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Alcoa is expected to announce its earnings with an estimated EPS of $0.37. Despite a past EPS beat, the share price dropped, indicating market sensitivity to guidance. Analysts have a Neutral rating with a slight downside in price target.
Alcoa's upcoming earnings announcement is crucial as past performance showed a share price drop despite an EPS beat, highlighting market sensitivity to guidance. Analysts' Neutral rating and slight downside in price target suggest limited short-term movement unless guidance surprises.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100