(RTTNews.com) – Alcoa Inc. released earnings for first quarter that decreased compared to the same period last year.

The company said its bottom line declined to $108 million, or $0.07 per share. This was lower than $363 million, or $0.28 per share, in last year’s first quarter.

Analysts had expected the company to earn $0.02 per share, according figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

Read more: http://www.nasdaq.com/article/alcoa-inc-reveals-70-drop-in-q1-profit-20160411-00969#ixzz45YNgK89K



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