Here’s Why Alcoa’s Stock
Keeps Soaring
Alcoa (NYSE: AA)
• Going into the report Alcoa was expected to report
earnings of $0.12 per share, up from $0.07 per share...
Alcoa (NYSE: AA)
• Alcoa reported earnings per share, excluding special
items, of $0.18. That’s $0.06 per share above or 5...
Alcoa (NYSE: AA)
• Engineered Products and Solutions delivered its highest
after-tax-operating income in history thanks to...
Alcoa (NYSE: AA)
• Positive free cash flow of $260 million.
• Net debt is down to $6.9 billion, which is the lowest
since ...
Alcoa (NYSE: AA)
• Positive free cash flow of $260 million.
• Net debt is down to $6.9 billion, which is the lowest
since ...
Alcoa (NYSE: AA)
• Company announced the $2.85 billion acquisition of
Firth Rixon, which will strengthen its aerospace
off...
Alcoa (NYSE: AA)
• Positive free cash flow of $260 million.
• Net debt is down to $6.9 billion, which is the lowest
since ...
Alcoa (NYSE: AA)
• Company on pace for $1.8 billion in organic value-add
revenue in 2016.
• Firth Rixson to add $1.6 billi...
Investor takeaway
Alcoa’s transformation continues to pick up steam. The company is
growing its higher margin value-add se...
Our FREE report on top
dividend stocks.
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Here’s Why Alcoa’s Stock Keeps Soaring

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Shares of Alcoa soared yesterday, here’s why.

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  • http://seekingalpha.com/article/2299675-3-large-u-s-corporations-set-to-publish-earnings-the-week-of-july-the-7th
    And https://www.alcoa.com/global/en/news/image_library/overview.asp?cat_id=200
  • http://seekingalpha.com/article/2299675-3-large-u-s-corporations-set-to-publish-earnings-the-week-of-july-the-7th
    And https://www.alcoa.com/global/en/news/image_library/overview.asp?cat_id=200
  • https://www.alcoa.com/global/en/investment/pdfs/2014_2Q_Earnings_Press_Release.pdf
  • https://www.alcoa.com/global/en/investment/pdfs/2014_2Q_Earnings_Press_Release.pdf
  • https://www.alcoa.com/global/en/investment/pdfs/2014_2Q_Earnings_Presentation.pdf
  • https://www.alcoa.com/global/en/investment/pdfs/2014_2Q_Earnings_Press_Release.pdf
  • https://www.alcoa.com/global/en/investment/pdfs/2014_2Q_Earnings_Presentation.pdf
  • https://www.alcoa.com/global/en/investment/pdfs/2014_2Q_Earnings_Press_Release.pdf
  • Here’s Why Alcoa’s Stock Keeps Soaring

    1. 1. Here’s Why Alcoa’s Stock Keeps Soaring
    2. 2. Alcoa (NYSE: AA) • Going into the report Alcoa was expected to report earnings of $0.12 per share, up from $0.07 per share in last year’s second quarter. • Revenue, meanwhile was expected to drop 3.3% year- over-year to $5.66 billion. Alcoa reported strong second quarter results after markets closed on July 8th.
    3. 3. Alcoa (NYSE: AA) • Alcoa reported earnings per share, excluding special items, of $0.18. That’s $0.06 per share above or 50% higher than estimates. • Stronger than expected revenue of $5.8 billion was a contributor to the earnings beat as revenue stayed flat over last year as opposed to slumping 3.3% as analysts were expecting. Alcoa easily beat both numbers as the company delivered strong second quarter results.
    4. 4. Alcoa (NYSE: AA) • Engineered Products and Solutions delivered its highest after-tax-operating income in history thanks to record adjusted EBITDA margin of 23.1% • Meanwhile, Global Rolled Products after-tax-operating income was up 34% over just last quarter. • Finally, Alcoa’s upstream revenue improved for the 11th straight quarter. All three of Alcoa’s business segments delivered strong results.
    5. 5. Alcoa (NYSE: AA) • Positive free cash flow of $260 million. • Net debt is down to $6.9 billion, which is the lowest since September of 2007. • Debt-to-Capital ratio of 35.4% is closing in on its target range of 30%-35%. • This has the company on target to meets its 2014 goals. This produced positive free cash flow, which improved Alcoa’s balance sheet.
    6. 6. Alcoa (NYSE: AA) • Positive free cash flow of $260 million. • Net debt is down to $6.9 billion, which is the lowest since September of 2007. • Debt-to-Capital ratio of 35.4% is closing in on its target range of 30%-35%. This produced positive free cash flow, which improved Alcoa’s balance sheet. Source: Alcoa Investor Presentation
    7. 7. Alcoa (NYSE: AA) • Company announced the $2.85 billion acquisition of Firth Rixon, which will strengthen its aerospace offerings. • Alcoa is also investing $125 million to expand its advance jet engine component offerings. • Company now has curtailed 147,000 metric tons of smelting capacity in Brazil. Looking ahead Alcoa continues to accelerate the transformation of its portfolio.
    8. 8. Alcoa (NYSE: AA) • Positive free cash flow of $260 million. • Net debt is down to $6.9 billion, which is the lowest since September of 2007. • Debt-to-Capital ratio of 35.4% is closing in on its target range of 30%-35%. This produced positive free cash flow, which improved Alcoa’s balance sheet. Source: Alcoa Investor Presentation
    9. 9. Alcoa (NYSE: AA) • Company on pace for $1.8 billion in organic value-add revenue in 2016. • Firth Rixson to add $1.6 billion in revenue and $350 million in EBITDA in 2016. • Investments in advanced jet engine components to grow that segment’s revenue to $2.2 billion by 2016. This has the company set up for continued growth.
    10. 10. Investor takeaway Alcoa’s transformation continues to pick up steam. The company is growing its higher margin value-add segments while also creating a more competitive commodity business. It’s a move that should fuel Alcoa’s stock to continue soaring higher. Source: Alcoa Investor Presentation
    11. 11. Our FREE report on top dividend stocks.
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