Alcoa Corp Earnings Estimate
| AA Stock | USD 36.08 0.02 0.06% |
Alcoa |
Alcoa Corp Earnings Estimation Breakdown
The calculation of Alcoa Corp's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Alcoa Corp is estimated to be -0.02 with the future projection ranging from a low of -0.19 to a high of 0.35. Please be aware that this consensus of annual earnings estimates for Alcoa Corp is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-0.19 Lowest | Expected EPS | 0.35 Highest |
Alcoa Corp Earnings Projection Consensus
Suppose the current estimates of Alcoa Corp's value are higher than the current market price of the Alcoa Corp stock. In this case, investors may conclude that Alcoa Corp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Alcoa Corp's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
| 14 | 50.38% | -0.81 | -0.02 | -3.76 |
Alcoa Corp Earnings per Share Projection vs Actual
Actual Earning per Share of Alcoa Corp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Alcoa Corp predict the company's earnings will be in the future. The higher the earnings per share of Alcoa Corp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Alcoa Corp Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Alcoa Corp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Alcoa Corp should always be considered in relation to other companies to make a more educated investment decision.Alcoa Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Alcoa Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-04-17 | 2024-03-31 | -0.57 | -0.81 | -0.24 | 42 | ||
2024-01-17 | 2023-12-31 | -0.86 | -0.56 | 0.3 | 34 | ||
2023-10-18 | 2023-09-30 | -1.02 | -1.14 | -0.12 | 11 | ||
2023-07-19 | 2023-06-30 | -0.52 | -0.35 | 0.17 | 32 | ||
2023-04-19 | 2023-03-31 | -0.11 | -0.23 | -0.12 | 109 | ||
2023-01-18 | 2022-12-31 | -0.92 | -0.7 | 0.22 | 23 | ||
2022-10-19 | 2022-09-30 | 0.19 | -0.33 | -0.52 | 273 | ||
2022-07-20 | 2022-06-30 | 2.31 | 2.67 | 0.36 | 15 | ||
2022-04-20 | 2022-03-31 | 2.93 | 3.06 | 0.13 | 4 | ||
2022-01-19 | 2021-12-31 | 1.9 | 2.5 | 0.6 | 31 | ||
2021-10-14 | 2021-09-30 | 1.8 | 2.05 | 0.25 | 13 | ||
2021-07-15 | 2021-06-30 | 1.37 | 1.49 | 0.12 | 8 | ||
2021-04-15 | 2021-03-31 | 0.46 | 0.79 | 0.33 | 71 | ||
2021-01-20 | 2020-12-31 | 0.11 | 0.26 | 0.15 | 136 | ||
2020-10-14 | 2020-09-30 | -1.38 | -1.17 | 0.21 | 15 | ||
2020-07-15 | 2020-06-30 | -0.38 | -0.02 | 0.36 | 94 | ||
2020-04-22 | 2020-03-31 | -0.25 | -0.23 | 0.02 | 8 | ||
2020-01-15 | 2019-12-31 | -0.22 | -0.31 | -0.09 | 40 | ||
2019-10-16 | 2019-09-30 | -0.33 | -0.44 | -0.11 | 33 | ||
2019-07-17 | 2019-06-30 | -0.13 | -0.01 | 0.12 | 92 | ||
2019-04-17 | 2019-03-31 | -0.13 | -0.23 | -0.1 | 76 | ||
2019-01-16 | 2018-12-31 | 0.5 | 0.66 | 0.16 | 32 | ||
2018-10-17 | 2018-09-30 | 0.36 | 0.63 | 0.27 | 75 | ||
2018-07-18 | 2018-06-30 | 1.32 | 1.52 | 0.2 | 15 | ||
2018-04-18 | 2018-03-31 | 0.7 | 0.77 | 0.07 | 10 | ||
2018-01-17 | 2017-12-31 | 1.22 | 1.04 | -0.18 | 14 | ||
2017-10-18 | 2017-09-30 | 0.77 | 0.72 | -0.05 | 6 | ||
2017-07-19 | 2017-06-30 | 0.6 | 0.62 | 0.02 | 3 | ||
2017-04-24 | 2017-03-31 | 0.53 | 0.63 | 0.1 | 18 | ||
2017-01-24 | 2016-12-31 | 0.2 | 0.14 | -0.06 | 30 | ||
2016-12-01 | 2016-09-30 | 0.04 | 0.02 | -0.02 | 50 |
About Alcoa Corp Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Alcoa Corp earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Alcoa Corp estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Alcoa Corp fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | -1.3 B | -1.2 B | |
| Retained Earnings Total Equity | -513 M | -487.4 M | |
| Earnings Yield | (0.11) | (0.11) | |
| Price Earnings Ratio | (9.30) | (9.76) | |
| Price Earnings To Growth Ratio | 0.01 | 0.01 |
Alcoa Corp Investors Sentiment
The influence of Alcoa Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alcoa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alcoa Corp's public news can be used to forecast risks associated with an investment in Alcoa. The trend in average sentiment can be used to explain how an investor holding Alcoa can time the market purely based on public headlines and social activities around Alcoa Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alcoa Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alcoa Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alcoa Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alcoa Corp.
Alcoa Corp Implied Volatility | 69.29 |
Alcoa Corp's implied volatility exposes the market's sentiment of Alcoa Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alcoa Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alcoa Corp stock will not fluctuate a lot when Alcoa Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alcoa Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alcoa Corp's short interest history, or implied volatility extrapolated from Alcoa Corp options trading.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Alcoa Stock analysis
When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges |
Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.81 | Dividend Share 0.4 | Earnings Share (3.76) | Revenue Per Share 58.771 | Quarterly Revenue Growth (0.03) |
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.