Overview
Aluminum producer's Q4 revenue rose 15% sequentially, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Outlook
Alcoa expects 2026 alumina production between 9.7 mln and 9.9 mln metric tons
Company forecasts 2026 aluminum shipments between 2.6 mln and 2.8 mln metric tons
Alcoa anticipates $70 mln unfavorable impact on 1Q26 Aluminum Segment Adjusted EBITDA
Result Drivers
ALUMINUM PRICES - Higher aluminum prices significantly contributed to increased revenue and adjusted EBITDA for Q4
SHIPMENT INCREASES - Alumina and aluminum shipments rose sequentially, boosting revenue
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $3.45 bln | $3.29 bln (8 Analysts) |
Q4 Adjusted EPS | Beat | $1.26 | $0.92 (7 Analysts) |
Q4 EPS | $0.85 | ||
Q4 Adjusted Net Income | Beat | $335 mln | $227.28 mln (4 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the aluminum peer group is "buy"
Wall Street's median 12-month price target for Alcoa Corp is $48.00, about 24.8% below its January 21 closing price of $63.87
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nBw2P6h2Na
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)