AA

Alcoa doubled its profit in Q3 and grew sales 24%. Management is holding firm on shipments estimates for the rest of this year, but warned of higher costs.

Alcoa (NYSE:AA), the global aluminium producer, more than doubled its third-quarter net profit year on year, although lower aluminium prices and shipments weighed on earnings compared with the previous quarter. Net income attributable to Alcoa (NYSE:AA) rose to $483 million in the three months to September, up from $232 million a year earlier, while diluted earnings per share increased to $1.81 from $0.88.

An earnings beat and a data center land deal are sending an aluminum producer's shares sharply higher. Alcoa (NYSE:AA | AA Price Prediction) shares are up 8% to $43.69 in morning trading.

Alcoa completed $2.6 billion in debt financing for its AliGroup purchase. The company agreed to sell Massena East land for $315 million.

Alcoa Corp (NYSE:AA) stock is 1.9% higher to trade at $41.27 this morning.

AA advances its AliGroup acquisition plans as Q3 earnings beat estimates, while rising input costs, production gains and debt reduction shape its outlook.

Alcoa Corporation (AA) Q3 2026 Earnings Call Transcript

Alcoa NYSE: AA reported third-quarter 2026 net income attributable to the company of $483 million, or $1.81 per share, compared with $407 million in the prior quarter, as improved operating performance and higher alumina prices helped offset lower metal prices.

Although the revenue and EPS for Alcoa (AA) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Sales and earnings are up on higher commodity prices amid a broader commodity boom.