J.P. Morgan Lowers Alcoa Earnings Outlook
J.P. Morgan has lowered its earnings forecast for Alcoa (NYSE: AA).
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.
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