Alcoa Preview: A Positive Start To Earnings Season?

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HFA Staff
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Strong Aluminum prices are set to give a boost to Alcoa Inc. (NYSE:AA) when the company announces its fourth quarter 2012 earnings results tomorrow. Alcoa’s earnings are traditionally considered the start of earnings season, and the tone they set often represents a trend in other industrial firm’s performance. Citigroup Inc. (NYSE:C) analysts covering the company estimate that it will declare earnings per share of around 4 cents. Alcoa Inc. (NYSE:AA) reported earnings of 3 cents per share in the third quarter of 2012. In the fourth quarter of 2011 the company lost eighteen cents per share. The main driver of…

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