Alcoa (NYSE:AA) kicks off earnings season with its quarterly report after the close today. Below we highlight the typical price reaction for Alcoa (AA) on the first trading day following its earnings reports going back to October 2001. As shown, there is much more red in the table than green, indicating that investors typically hit the sell button following Alcoa's earnings.
Historically, the stock has averaged a decline of 1.44% on the day in reaction to earnings, and it has gone lower on the day following its last four reports. Investors shouldn't expect much for this struggling Dow stock heading into its report, and any upside for the stock will be a pleasant surprise.
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