Alcoa Corp. (AA) announced a profit for first quarter that Drops, from last year
The company's earnings came in at $425 million, or $1.60 per share. This compares with $548 million, or $2.07 per share, last year.
Excluding items, Alcoa Corp. reported adjusted earnings of $373 million or $1.40 per share for the period.
The company's revenue for the period fell 5.2% to $3.193 billion from $3.369 billion last year.
Alcoa Corp. earnings at a glance (GAAP) :
-Earnings: $425 Mln. vs. $548 Mln. last year.-EPS: $1.60 vs. $2.07 last year.-Revenue: $3.193 Bln vs. $3.369 Bln last year.
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