J.P. Morgan Lowers Alcoa Earnings Outlook

J.P. Morgan has lowered its earnings forecast for Alcoa

. The broker has cut its Q3 earnings per share outlook to $0.01, versus its earlier forecast of $0.04. Alcoa is scheduled to report its earnings on October 9. J.P. Morgan has maintained its Q4 EPS forecast at $0.07. Alcoa shares gained 0.11% to $8.86 in after-hours trading.