Alcoa Q1 Adj. Profit Tops View - Quick Facts

(RTTNews) - Alcoa Inc. (AA) Thursday reported first-quarter net loss attributable to the company of $178 million or $0.16 per share, compared with a net income of $149 million or $0.13 per share in the comparable quarter last year.

Excluding items, adjusted net income for the latest first quarter declined to $98 million or $0.09 per share from $121 million or $0.11 per share a year ago. On average, 18 analysts polled by Thomson Reuters estimated earnings of $0.05 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter were $5.45 billion, down from $5.83 billion in the prior year, while eleven analysts had a consensus revenue estimate of $5.55 billion.