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31cent vs 23 estimate,big beat
Alcoa reported quarterly earnings and revenue that beat analysts' expectations on Wednesday as net income rose more than 70 percent from a year ago.
Alcoa reported third-quarter earnings of 31 cents per share, up 71 percent from a year ago, on $6.24 billion in revenue, handily topping estimates for 23 cents per share on $5.85 billion in revenue, according to a consensus estimate from Thomson Reuters. |
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