earnings
confidence high
sentiment positive
materiality 0.80
Alcoa Q1 net income $425M, adjusted EPS $1.40; redeems $219M notes
Alcoa Corp
2026-Q1 EPS
reported $1.60
vs consensus $1.54
▲ beat
(+4.0%)
- Revenue $3.2B, net income $425M ($1.60 EPS); adjusted EPS $1.40 vs $2.15 YoY.
- Adjusted EBITDA $595M, up $68M sequentially on higher aluminum prices.
- Cash $1.4B; redeemed $219M of 6.125% notes due 2028 on May 15, 2026.
- San Ciprián smelter restart completed safely in April 2026.
- Alumina shipments down 31% sequentially due to Middle East conflict and Cyclone Narelle.