BUZZ — Aluminum producer Alcoa rises after third — quarter profit beat

* Shares of aluminum producer Alcoa Corporation up 1.88% at $41.18 premarket * Alcoa reported Q3 adj. EPS of $1.81, beating analysts' estimate of $1.47 — data compiled by LSEG * Company reported quarterly revenue of $3.70 billion, missing analysts' estimate of $3.79 billion * Company sees higher raw material costs weighing on fourth-quarter aluminum segment adjusted EBITDA by about $30 million sequentially * Stock trading at 6.66 times expected EPS over the next 12 months, above industry median of 3.45 * 10 of 15 brokerages rate the stock "buy" or higher, 4 "hold" and 1 "sell"; median PT $55 * As of last close, Alcoa stock down over 23%, YTD (Reporting by Jayasree Prabhu) ((jayasree.prabhu@thomsonreuters.com)