Alcoa Inc Blowout Earnings Of $0.10 Vs -$0.03 Forecast

  Alcoa Inc. (NYSE:AA) reported its quarterly earning, the first company to report this earnings season. The company reported a profit of $0.10 per share. Analysts had expected the company to report a loss of $0.03 per share. The company’s revenues came in at $6 billion while analysts had expected $5.77 billion. In the fourth quarter of last year Alcoa the company posted a loss of 18 cents per share while posting revenues of around $6 billion. In its fourth quarter report the company did give a positive outlook for the aluminum industry though the industry is facing a decline…