Alcoa Inc (AA) Earnings: Will Aluminum Producer Beat Expectations In Fourth Quarter?
Adam Sarhan, founder and chief executive officer of Sarhan Capital, weighs in on fourth quarter earnings season and how aluminum demand will impact Alcoa Inc. (NYSE: AA) in the previous quarter. Sarhan also discusses expectations ahead of next week's financials earnings from Wells Fargo & Co. (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corp. (NYSE:BAC), Citigroup Inc. (NYSE:C) and Goldman Sachs Group Inc. (NYSE:GS).Alcoa Inc. (NYSE:AA) is scheduled to report fourth-quarter earnings after the bell on Thursday. The aluminum producer is expected to report fiscal fourth-quarter earnings of 5 cents per share on revenue of $5.43 billion, according to analysts polled by Reuters. The company posted a profit of 21 cents a share on revenue of $5.90 billion in the year-ago period.Shares of Alcoa rose 2.51 percent to $39.24 ahead of the announcement.
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