AWC News: Alcoa Stock Rises on Solid Earnings. Now for Transformation. - 18th Apr 2024, 7:15am

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Alcoa stock was rising on Wednesday during after-hours trading, after the aluminum producer turned in solid first-quarter results. After the market close, Alcoa reported a per-share loss of 81 cents and earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $132 million from sales of $2.6 billion. Earnings per share were a little worse than expected, but Alcoa’s Ebitda looks solid.

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