Alcoa Inc. (AA) Beats On Revenue In Line With Earnings

Alcoa Inc. (NYSE:AA) released its earnings report today, Tuesday January 8, after the market closed. The company announced earnings per share of $0.06, and revenues of $5.9 billion. The company’s result are often used by investors as a proxy for all industrial stocks because its products have wide industry demand, and its earnings are released early in the season. The firm beat estimates of its revenue, and its earnings per share was in line. Today’s earnings come in the midst of a gripping earnings season. Investors are nervous about the supposed recovery in the US economy, and its effect on…