You are here


You are here

alcoa on stock.com


Jan 13 2015, 9.58am GMT


Aluminium giant Alcoa reported strong earnings for fourth quarter and 2014 full year results.

Share price for Alcoa rose to a high 16.37 to close the day on 16.14.

Net income for the quarter ending in December 2014 returned a positive figure of $159 million against a loss of $2.3 billion in the same period of the previous year, whilst share price was set at 11 cents per share as opposed to $2.19 last year. Revenue was $6.4 billion as opposed to Thomson Reuters projection of quarterly earnings delivering per share of 29 cents on $6.04 billion in revenue.

The transformations mentioned in the report include strengthening the Alcoa aerospace portfolio in a period when this industry is flourishing on low oil prices; unveiling a next-generation aluminum sheet; and committing to the Ma’aden-Alcoa joint venture which produced the first alumina from Saudi Arabian bauxite. Cuts also aided the year-end balance sheet as the company sold three European rolling mills, completed the closure of Australian can sheet rolling mills, and sold stakes in its upstream assets of Jamalco, Jamaica and Mt. Holly, South Carolina.

Trading on the USA500 [S&P], Alcoa saw a brief 1.4% rally in shares on many record results such as:

  • Revenue of $6.4 billion, up 14 percent year-over-year;
  • Upstream business improves performance for 13th consecutive quarter;
  • Alumina after-tax operating income up more than twofold year-over-year;
  • Primary Metals adjusted EBITDA per metric ton strongest since second quarter 2008;
  • Record quarter cash from operations of $1.5 billion;
  • Free cash flow of $989 million, highest since fourth quarter 2010;
  • Alcoa projects 7% global aluminum demand growth in 2015.

In terms of full-year results, Alcoa reported positive highlights:

  • Net income of $268 million, or $0.21 per share; excluding special items, net income of $1.1 billion, or $0.92 per share, up $759 million from 2013
  • Revenue of $23.9 billion, up 4 percent from 2013
  • Strongest full-year operating results since 2008

MT4 chart: ALCOA


MT4 chart: USA500 

USA500 on stock.com

Trade stock CFDs on STOCK.com with full training given to all clients

Stocks Block Actions

Trading Platforms


Through a simple native App download, be ready to log on to the powerful, intuitive MT4 platform and trade multiple assets on your desktop or through mobile

More on MetaTrader


Online access - anytime, anywhere - to your secure STOCK.com account, through desktop, tablet and mobile interfaces with no download necessary

More on WebTrader

Trading in CFDs involves significant risk to your invested capital