ALCOA leicht unter Erwartungen

Alcoa 2Q Net Falls 3.9%; Co Extends Time For Alcan Offer

DOW JONES NEWSWIRES

Alcoa Inc. (AA) said late Monday that second-quarter earnings fell 3.9% to $ 715 million, or 81 cents a share, from $744 million, or 85 cents a share, a year earlier.

For the quarter ended June 30, revenue rose 3.4% to $8.07 billion from $7.8 billion in the prior-year period.

The Pittsburgh aluminum company said earnings from continuing operations totaled $749 million, or 81 cents a share.

Analysts polled by Thomson Financial on average expected earnings of 81 cents a share on revenue of $8.34 billion.

Alcoa also extended the expiration time for its offer to acquire Alcan Inc. ( AL) to 5 p.m.Aug. 10, subject to further extension.

All other terms and conditions of Alcoa\'s offer remain the same.

Quelle

Schlusskurs 42,36

Aktuell 41,85 (22.46 Uhr)