Alcoa Reports Q2 Loss - Alcoa (NYSE:AA)

27% profit every 20 days?

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Alcoa (NYSE: AA) kicked off earnings season on Monday after the closing bell. The company reported a second-quarter net loss of $2 million or break even per share, compared to net income of $322 million or $0.28 per share, in the year ago period. On an adjusted basis, net income from continuing operations was $61 million or $0.06 per share. This was in-line with Wall Street EPS estimates. Sales for the quarter came in at $5.96 billion from $6.59 billion in last year's second-quarter. This came in ahead of analysts' consensus revenue estimates of $5.81 billion. In Monday's after hours trading session, AA shares were last up 0.23% to $8.78.

27% profit every 20 days?

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