Filed under: International markets, Earnings reports, Management, Industry, Market matters, Alcoa Inc (AA), Economic data

Aluminum giant Alcoa Inc. (NYSE: AA) will officially kick off earnings season when it reports its fourth quarter figures Wednesday following the market close.

When we get Wednesday’s report, analysts are expecting to see the numbers impacted by a lower dollar and falling metal prices. Estimates for the quarter are running at 39 cents per share. During the fourth quarter last year Alcoa posted earnings per share of 74 cents.

The market can definitely use some positive news from Alcoa when it reports. With this mornings employment data stoking fears of an upcoming recession, the market could definitely benefit from a injection of positive earnings news.

Continue reading Alcoa Q4 earnings preview

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This entry was posted on Saturday, January 5th, 2008 at 7:34 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.