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Unofficially kicking off US reporting season dual listed Alcoa Inc (ASX:AAI, NYSE:AA) has beaten earnings expectations.The aluminium giant says its surge in third quarter profits come as its repositioning continues accelerating.Alcoa posted earnings per share of $US0.31, excluding certain items, on revenue of $US6.2 billion.Chairman and CEO Klaus Kleinfeld says the quarter is a clear data point that Alcoa’s transformation is delivering.Looking ahead the company has confirmed it expects global aluminium demand to grow 7 per cent this year.Alcoa reported a net loss of $72.18 million in the first half of the 2014 calendar year.
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Last
$45.49 |
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-1.440(3.07%) |
Mkt cap ! $2.831B | |||
| Open | High | Low | Value | Volume |
| $45.44 | $45.94 | $45.13 | $1.542M | 33.95K |
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| Last trade - 12.27pm 12/08/2025 (20 minute delay) ? |
| AAI (ASX) Chart |