A Preview Of Alcoa's Q2 Earnings

Alcoa AA unveils its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement

Earnings and Revenue

Wall Street analysts see Alcoa reporting earnings of $1.35 per share on revenue of $3.44 billion.

In the same quarter last year, Alcoa reported earnings per share of 62 cents on revenue of $2.85 billion. The Wall Street consensus estimate for earnings would represent a 117.74 percent increase for the company. Sales would be up 20.32 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Stock Performance

Over the last 52-week period, shares are up 32.21 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Alcoa stock as Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Alcoa's Q2 conference call is scheduled to begin at 5:00 p.m. ET.