Why Has Alcoa Stock Dropped Post Q4 Results?
1. Alcoa reported Q4 2024 sales of $3.49 billion, up from $2.6 billion in Q4 2023. 2. The company swung to a net income of $202 million vs. a loss of $150 million YoY. 3. Alcoa expects a $60 million negative impact in Q1 2025 due to seasonal factors. 4. Higher aluminum demand may boost revenue, particularly in automotive and aerospace sectors. 5. Alcoa aims for continuous improvement, achieving $675 million in enhancements over the year.