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Alcoa Hits New 52-Week High Before Earnings Call (AA)

Submitted by WSN_Staff on Mon, 01/11/2010 - 15:14.
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Alcoa (NYSE:AA) Earnings Season - NYSE/NASDAQ

Aloca Inc. (NYSE:AA) shares hit a new 52-week high of $17.60 heading into today's earnings call which will kick off earnings season.

Aloca shares have moving strong after China reported that its exports had risen more than expected in December and imports had reached an all-time high. Aloca is due to kick off the earnings season by releasing its fourth-quarter results after the closing bell.

Analysts, on average, expect the mining giant to report earnings of 7 cents a share on revenue of $4.81 billion. In the year ago quarter, the company reported a loss of 28 cents per share on revenue of $5.69 billion.

Best of luck to all you traders playing the call.

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