Alcoa's 2Q Miss Due to Lower Price Realization, CFO Says

Dow Jones07-17

1756 ET - Alcoa's 2Q earnings came in under expectations due to lower-than-anticipated aluminum price realization toward the end of the quarter, CFO Molly Beerman says on a call with analysts. "Our annual pricing sensitivities, which are based on a 15 day lag for simplicity, do not account for the steep changes near quarter end," Beerman says. "Importantly, this does not change the underlying strength of the business or the quality of our operational execution, we remain focused on providing transparent insight, especially in periods of heightened price volatility." Alcoa reported 2Q revenue of $3.97 billion, below consensus estimates of $3.99 billion according to FactSet. Shares are off 3.2% after-hours. (elias.schisgall@wsj.com)

 

(END) Dow Jones Newswires

July 16, 2026 17:56 ET (21:56 GMT)

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