Alcoa Shares Fall After Third-quarter Results Miss

By Wallace WitkowskiMarketWatch Pulse

Alcoa Inc. shares fell in the extended session Thursday after the aluminum producer missed Wall Street estimates for the third quarter. Alcoa shares declined 4% to $10.58 on heavy volume. The company reported adjusted third-quarter earnings of 7 cents a share on revenue of $5.57 billion. Analysts surveyed by FactSet had estimated earnings of 13 cents a share on revenue of $5.66 billion.

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