Alcoa AA Earnings 1/12/09 - January 12, 2009

Tonight, 1/12/09, Alcoa AA kicks off earnings season for 2009. Analysts predict that Alcoa ( AA ) will report their first loss in nearly six years.

Alcoa is the world's #3 producer of Aluminum and their expected loss is due to the fact that Aluminum prices were slashed in half since the summer of 2008.

Today, AA stock is trading at $10.11, down 6.5% - Analysts expect Alcoa to report 5.4 billion in revenue with a loss per share of .04 cents. Since this stock has been crushed over the past six months, any surprise to the upside could really make this stock pop higher.

I will post the numbers tonight when they come out - right here

Alcoa Revenue - 5.70 Billion
Alcoa EPS - (-.28 )EPS without charges
Stock Price After Earnings - Halted

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