Alcoa Stock Rises 2% After Hours on Q3 Earnings Beat
Why did Alcoa stock rise 2% after hours?
Alcoa (AA) stock rose about 2% in after-hours trading on Thursday after the aluminum maker reported third-quarter earnings of $1.82 a share, beating the $1.54 analysts expected.
Key numbers
| Adjusted EPS | $1.82+$0.28 vs $1.54 est. ($1.47 cited elsewhere) |
|---|---|
| Revenue | $3.7B+24% YoY; $3.78B est. |
| Adjusted EBITDA | $789Mvs $270M a year ago |
| Free cash flow | $472MOperating cash flow $643M |
| After-hours move | +2.5%Another site shows +1.3% (per [4]) |
What happened
Alcoa (AA) stock rose about 2% in after-hours trading on Thursday after the aluminum maker reported third-quarter earnings of $1.82 a share, beating the $1.54 analysts expected. Sales were $3.7 billion, up 24% from a year ago but below the $3.78 billion analysts expected. Higher prices for alumina, the raw material refined into aluminum, helped offset lower aluminum prices. Alcoa also generated $472 million in cash left over after spending on its operations (free cash flow).
Why it matters
Alcoa made far more profit than a year ago, even though its sales missed forecasts. Adjusted profit was $485 million, compared with a $6 million loss in the same quarter last year. The company also warned that higher raw material costs and planned maintenance will cut about $30 million from its aluminum business next quarter.
Who this affects
- MarketmixedLow impact
- Investors got a profit beat but a sales miss.
- CompanybullishMedium impact
- Alcoa shareholders gain from higher profit and strong cash flow.
- CompetitorsneutralLow impact
- Other aluminum makers face the same metal-price swings.
- IndustrymixedLow impact
- Refinery output improved, but metal prices and costs weigh.
Alcoa vs Century Aluminum, Rio Tinto, Norsk Hydro
How we got here
South32 shareholders approve the AliGroup acquisition, according to Alcoa's results release.
Alcoa reports Q3 results after the close; shares rise in extended trading.
What to watch
- Roughly $30M hit to the aluminum business from raw material costs and maintenanceQ4 2026
- Higher production and shipments Alcoa expects after completing the Alumar smelter restartQ4 2026
Educational content only. Not investment advice.
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