Alcoa Reports Third-Quarter Adjusted Earnings of $1.82 a Share
Alcoa reported third-quarter adjusted earnings of $1.82 a share and sales of $3.7 billion. Wall Street was looking for earnings per share of $1.51.
Alcoa's quarterly results provided some relief to uneasy investors, though risks remain. The aluminum producer said Thursday that adjusted third-quarter earnings were $1.82 a share, with sales of $3.7 billion. Analysts had expected earnings per share of $1.51.