Alcoa Earnings for the Full Year 2022: EPS Misses Expectations

Alcoa (NYSE:AA) Full Year 2022 Results

Key Financial Results

• Revenue: US$12.5b (up by 2.5% from FY2021).

• Net loss: US$102.0m (down 124% from FY 429.0m profit).

• US$0.56 loss per Share (down from US$2.31 profit during FY 2021).

All figures in the chart are for the trailing 12-month (TTM) period.

Alcoa EPS fails to meet expectations

Analyst estimates were in line with revenue. Analyst estimates were not met by earnings per share (EPS).

Revenue is expected to increase 1.7% per annum in the future. On average, revenues will increase 1.7% per year over the next 3 years. However, revenues in the Metals and Mining sector in the US are expected remain flat.

Performance of the American Metals and Mining industry.

The shares of the company are down 9.3% compared to a week earlier.

Analysis of the Balance Sheet

While earnings are important, the balance sheet is equally important. We have a graphic representation of Alcoa’s balance sheet and an in-depth analysis of the company’s financial position.

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This article is by Simply Wall St. It is general in nature. Our commentary is based on historical data, analyst forecasts and other unbiased information. We do not intend to provide financial advice. This analysis does not represent a recommendation to purchase or sell any stock and it does not consider your objectives or financial situation. Our goal is to provide you with long-term, focused analysis based on fundamental data. Please note that our analysis might not include the most recent announcements from price-sensitive companies or qualitative material. Simply Wall St holds no position in any of the stocks mentioned.

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