Alcoa EPS beats by $0.25, beats on revenue, initiates buyback and dividend

  • Alcoa (NYSE:AA): Q3 Non-GAAP EPS of $2.05 beats by $0.25
    ; GAAP EPS of $1.76 beats by $0.08
    .
  • Revenue of $3.11B (+31.2% Y/Y) beats by $190M
    .
  • Shares +0.7%
    .
  • Press Release
  • Strengthened the balance sheet with total debt at $1.8 billion and net debt of $350 million…

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