首页|Alcoa sees 'modest increase' in 3Q profitability
Alcoa sees 'modest increase' in 3Q profitability
扫码查看
点击上方二维码区域，可以放大扫码查看
原文链接
NSTL
Alcoa Inc., battling weak pricing and a sluggish economy, sees only a modest sequential improvement in third-quarter earnings. "Given the economic trends, it would be difficult to expect more than a modest increase in third-quarter (earnings per share) profitability," Chief Financial Officer Richard Kelson said at an analyst conference in New York. Earlier this month, Alcoa reported a 14 percent drop in second-quarter earnings, amid a decrease in prices for its products. On a positive note, shipments rose in the quarter, which prompted management to offer a cautiously optimistic forecast for the remainder of the year. Alcoa said profitability in the second half could improve if economic trends solidify. During its presentation, for alumina and chemicals, CFO Kelson said prices are expected to remain flat.
NSTL
