Alcoa Returns to Q1 Profit as Revenue Rises; Reaffirms Guidance

MT Newswires Live
17 Apr

Alcoa (ASX:AAI) reported first-quarter adjusted income of $2.15 per share, compared with a loss of $0.81 a year earlier.

Analysts polled by FactSet expected $1.68.

The company reported a revenue of $3.37 billion, up from $2.6 billion a year earlier. Analysts polled by FactSet expected $3.47 billion.

The company expects 2025 total alumina segment production and shipments to remain unchanged from its prior projection, ranging between 9.5 million to 9.7 million metric tons and between 13.1 million and 13.3 million metric tons, respectively.

The company reaffirmed its 2025 total aluminum segment production guidance and shipments, ranging between 2.3 million and 2.5 million metric tons and between 2.6 million and 2.8 million metric tons, respectively.

The company's shares were up almost 1% in recent Thursday trade.

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