Alcoa Earnings Preview: Aluminum Producer Kicks Off Second Quarter Earnings Season
- 11 years ago
Alcoa Inc (NYSE: AA) is scheduled to report second quarter 2013 earnings after the bell Wednesday. Analysts polled by Reuters forecast the aluminum producer to post earnings of 10 cents a share for the second quarter of 2013 on revenue of $5.8 billion, down from sales of $6 billion a year before.Fears that Friday's better-than-expected jobs report could lead the Federal Reserve to scale back on stimulus measures sooner than expected weighed on Chinese stocks on Monday as the Shanghai Composite fell 2.4 percent to a one-week low.On the economic calendar, consumer credit numbers for May are scheduled for release Monday.