Alcoa Corporation (AA)

Alcoa’s earnings topped expectations even as revenue trailed consensus, based on preliminary results for the third fiscal quarter of 2026 reported October 15, 2026. Revenue rose 23.7% to about $3.7 billion (up from about $3.0 billion a year ago), but it trailed the $3.769 billion estimate (-1.7%). EPS of $1.82 topped the $1.51 estimate (+20.5%) and improved from -$0.02 a year ago, alongside net income that climbed 108.2% to roughly $483 million (up from about $232 million a year ago). Alcoa operates across the Bauxite, Alumina, and Aluminum segments spanning the aluminum value chain, from mining through refining and smelting, and it also markets electricity into wholesale markets. Consensus for the next period calls for EPS of $1.53 on revenue of $3.870 billion.