(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 2.6B | +0% |
Gross Profit | 195MM | - |
Cost Of Revenue | 2.4B | -1% |
Operating Income | -325MM | - |
Operating Expenses | 520MM | - |
Net Income | -252MM | +68% |
R&D | 11MM | -21% |
G&A | 60MM | -6% |
Interest Expense | 27MM | -4% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Small-cap stocks are on a roll, but the simplest and most popular way to buy them should carry a warning label.
Alcoa ( NYSE:AA ) Second Quarter 2024 Results Key Financial Results Revenue: US$2.91b (up 8.3% from 2Q 2023). Net...
It's been a mediocre week for Alcoa Corporation ( NYSE:AA ) shareholders, with the stock dropping 10% to US$34.92 in...
The heavy selling pressure might have exhausted for Alcoa (AA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Stocks like Alcoa Corporation (AA), Apogee Enterprises, Inc. (APOG), Brady Corporation (BRC) and Cintas Corporation (CTAS) are likely to gain from the steady growth in manufacturing output.
Considering their reasonable valuations, the growth Alcoa (AA) and Discover Financial Services (DFS) experienced during Q2 is very compelling and suggests there should be more short-term upside for both stocks
Q2 2024 Alcoa Corp Earnings Call
The company announced second-quarter adjusted Ebitda of $325 million and earnings per share of 16 cents, from $2.9 billion in sales.
While the top- and bottom-line numbers for Alcoa (AA) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alcoa (AA) delivered earnings and revenue surprises of 45.45% and 1.92%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?