earnings
confidence high
sentiment negative
materiality 0.85
Alcoa reports Q4 net loss $374M, adjusted loss $0.70/share; full-year loss $102M
Alcoa Corp
2022-FY EPS reported
-$0.68
revenue$12,451,000,000
- Q4 revenue $2.7B, net loss $374M ($2.12/share); adjusted net loss $123M ($0.70/share).
- Full-year 2022 revenue $12.5B, net loss $102M ($0.57/share); adjusted net income $890M ($4.83/share).
- Q4 adjusted EBITDA excluding special items $29M; cash balance $1.47B; free cash flow negative $53M.
- Returned $500M in share repurchases and $72M in dividends; completed $3.3B pension annuity transfer.
- 2023 alumina shipments guided 12.7-12.9M tonnes; Kwinana refinery partially curtailed due to gas disruption.