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…