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Alcoa's earnings surge but outlook mixed for 2021

A recovery in the aluminium price helped boost NYSE-listed Alcoa’s December quarter earnings by almost 30% but higher costs and falling bauxite prices could hit its bottom line in 2021, it warned.

Alcoa's earnings surge but outlook mixed for 2021 Alcoa's earnings surge but outlook mixed for 2021 Alcoa's earnings surge but outlook mixed for 2021 Alcoa's earnings surge but outlook mixed for 2021 Alcoa's earnings surge but outlook mixed for 2021

A recovery in aluminium prices has boosted Alcoa’s fourth quarter earnings

Adjusted EBITDA for Q4 jumped to its highest level in over a year to US$361m - up 27% q-o-q - but was below US investment bank Jefferies estimates of $401 million.

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