Alcoa Corp
AA: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #@L | LOCK|?kZ | LOCK|tr?@#sc |
Alcoa Earnings: Sharp Rise on Aluminum Price and Shipments
Alcoa reported second-quarter underlying income of USD 562 million, up 51% from the first quarter. This included a 13% jump in realized aluminum price to USD 2.16 per pound and an 18% increase in aluminum shipments to 1.2 million metric tons. Lower bauxite and alumina volumes partially offset.
