Alcoa faces low bar after Street cuts profit views [AA]

Emner

#1
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14:35 09-07-2012
| Firmaprofil: Alcoa Inc
Alcoa faces low bar after Street cuts profit views

MarketWatch - Aluminum maker Alcoa Inc. is expected to squeeze out a small second-quarter profit when it unofficially kicks off the latest round of corporate earnings Monday afternoon. But Wall Street’s expectations have dimmed for the Dow 30 component’s results. Over the past month, the consensus analyst estimate for Alcoa has been slashed 47%, the latest FactSet survey shows.

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