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Tuesday, October 7, 2008

Alcoa AA Earnings Preview 10/07/08

Tonight Alcoa steps up to the plate to kick off earnings season and will it be a volatile one!

Alcoa ( AA ) is expected to report earnings of .53 per share...a number that has been cut by analysts by 20% in the past several weeks.

I use Alcoa as an overall gauge of our economy. The earnings outlook for stocks in the US is very bleak all of a sudden. A nice number from Alcoa AA tonight could go a long way in stating there is to much pessimism in the markets right now.

For more earnings - view our calendar - http://blackberrystocks.com
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