09 AUGUST 2011alu
Alcoa, Inc. (AA): Set To Benefit From Growing Metal Demand
Edited by : AL CIRCLE
1 min read
Alcoa (AA) is one of the world's largest producers of aluminum and aluminum-related products. The company operates numerous aluminum mines and smelters across the globe and is expanding into emerging markets where demand is on the rise.
The company recently reported its second quarter earnings for this fiscal year. Net profits missed analyst consensus estimated by 1 cent. Revenues for the quarter however grew nearly 27 percent year-over-year, and was $6.6 billion beating consensus estimate of $6.3 billion.
The company recently reported its second quarter earnings for this fiscal year. Net profits missed analyst consensus estimated by 1 cent. Revenues for the quarter however grew nearly 27 percent year-over-year, and was $6.6 billion beating consensus estimate of $6.3 billion.
Previous article
Asia Commodity Day Ahead: Gold Futures Surge to Record as Haven
Next articleRio Tinto updates aluminum production on H1 2011
Grow with
AL Circle
