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Alcoa Inc. (NYSE:AA) is due to report earnings after the closing bell on October 11, 2011.

Overview
AA trades an average of 35.3 million shares per day.

Alcoa, Inc. engages in the production and management of aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Flat-Rolled Products, and Engineered Products and Solutions. The company was founded in 1888 and is based in New York, New York.

52-Week High: $18.47
52-Week Low: $8.45
Book Value: $14.71
Float Short: 5.59%

On average, 11 analysts are expecting a drop of $-0.09 in earnings per share compared to last quarter's results of $0.32. A beat of $0.23 per share will top the estimated per share earnings. Analyst estimates range between $0.16 and $0.31 per share.

The P/E ratio has been recently discounted, as the current trailing twelve months (ttm) P/E ratio is 11.6, while the forward P/E ratio is now 9.2. It appears, based on the lower P/E, that investors are pricing in less growth. The stock has fallen in price -22.51%, with a one year change of -23.49%. Compared to the S&P 500, the year-to-date difference is -33.69%.

For the same fiscal period year-over-year, revenue has improved to $21.01 billion for 2010 vs. $18.44 billion for 2009. The bottom line has rising earnings year-over-year of $254.00 million for 2010 vs. $-1.15 billion for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $1.05 billion for 2010 vs. $-1.19 billion for 2009.



Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 6.32 B $ 6.58 B $ 262.49 M 4.15%
Mar-11 $ 6.04 B $ 5.96 B $ -83.66 M -1.38%
Dec-10 $ 5.71 B $ 5.65 B $ -59.90 M -1.05%
Sep-10 $ 4.96 B $ 5.29 B $ 326.96 M 6.59%
Jun-10 $ 5.03 B $ 5.19 B $ 156.14 M 3.1%
M = millions, B = billions
Differences are rounded.
Some one-time items are often excluded in reported EPS.




Reported earnings per share compared to the mean estimate. Differences are rounded.





I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: Earnings Preview: Alcoa Reports Q3 Results Tuesday

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