Alcoa Corp  (AA)
    Sector  Basic Materials    Industry Aluminum
   Industry Aluminum
   Sector  Basic Materials

revenue fall back substantially at AA all along the most recent fiscal period

company recorded fourth quarter of 2022 operating deficit of $-147 million

Published Mar 26 2023
Goran Soko / CSIMarket.com Contributer

aluminum_rods_transport_commercial_size-756415Weak business caused growth in losses for the financial span ending December 31 2022, AAs' net deficit per share increased to $-2.22 from $-2.06 where Revenue fell by -20.269 % to $2.66 billion from $3.34 billion a year ago.

In contrast to the Q3 Revenue decreased by -6.594 % from $2.85 billion and EPS improved from $-4.17 per share.

For the most recent fiscal period Alcoa Corp realized net loss of $-420.000 million, bigger than $-369.000 million a year ago.

company recorded net deficit of $38.00 million and revenue of $12.45 billion for the financial 12 Months 2022.

Aluminum company said that, its eps were at $-0.68 in proportion to $2.26 in the prior financial year, while revenue increased by 2.46 % from $12.15 billion a year ago.

Alcoa Corp is expected to report next financial recent numbers on July 24, 2023.

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