Alcoa, Inc. (AA) will set the tone for corporate earnings season today. The aluminum producer, the first component of the Dow Jones Industrial Average to announce its quarterly results, is expected to earn $0.22 per share on revenues of $6.24 billion for the third quarter. A year earlier, earnings and revenue were $0.09 per share and $5.29 billion respectively. Lower London Metal Exchange prices and negative currency affected the year-ago results, which were partially offset by higher volumes in Alumina, Flat-Rolled Products, and Engineered Products and Solutions and the continued benefits from Alcoa's Cash Sustainability Program. On the NYSE, AA closed Monday's regular trade at $10.09. (The stock gained nearly 12% in Q1; MA(50)- $11.53; MA(100)- $13.60; 52-wk H/L $18.47/$8.45)
Audiovox Corp. (VOXX) is due to post second-quarter results. In the year-ago quarter, the company reported earnings of $0.05 per share. The company's shares closed Monday's session at $6.00. (The stock declined around 8% in Q1; MA(50)- $6.10; MA(100)- $6.76; 52-wk H/L $8.98/$4.69)
Century BanCorp Inc. (CNBKA) is scheduled to report results for the third quarter. In the prior-year quarter, the company posted profit of $0.56 per share on revenues of $17.31 million. The stock closed Monday at $24.45. (The stock stood almost flat in Q1; MA(50)- $24.80; MA(100)- $25.32; 52-wk H/L $28.91/$20.50)
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