Alcoa (NYSE:AA) Getting Ready to Kick Off Earning Season; May Report Lower Q4 Revenue –ACH, MCP, ANR, CHK, VALE, PBR, VLO

Alcoa Inc (NYSE:AA) is planned to announce its Q4 results for fiscal year 2012 results on Tuesday, January 8, after the markets close. Shares of the company surged around 8% in the previous week.

Investors will be looking to observe how much the slow worldwide economy will drag on earnings, mainly in China and in Europe. Moody’s most recently warned that it might shatter Alcoa, partially because of its debt load.

On average,analysts forecasts that Alcoa will announce revenue for the three months period that plunged over 6% year-over-year to $5.61 billion.

EPS are anticipated to come to $0.06, evaluated against a net loss of $0.03 a share in the similar period previous year.

Its competitors include Aluminum Corp. of China Limited (ADR) (NYSE:ACH) that slipped -0.56% to $12.42 with the total traded volume of 13,260 shares.

Other Basic Materials stocks with bullish trend include MolycorpInc (NYSE:MCP) up 4.95% to $10.81, Alpha Natural Resources, Inc. (NYSE:ANR) up 2.70% to $10.68 and Chesapeake Energy Corporation (NYSE:CHK) up 1.09% to $17.64, whereas with bearish trend include Vale SA (ADR) (NYSE:VALE) down -1.23% to $20.81, PetroleoBrasileiroPetrobras SA (ADR) (NYSE:PBR) down -0.74% to $20.22 and Valero Energy Corporation (NYSE:VLO) down -2.69% to $34.36.

Alcoa Inc. (NYSE:AA) dropped -0.32% or -$0.03 to trading at $9.23 following it hit intra day high level of $9.29. The total traded volume in the current trading session is2.94 million shares as compared to average 14.80 million shares. Its fifty two week trading range is $7.97 – $10.92. The total market capitalization reached $9.85 billion.

The stock price was ahead its 52 week low price with 17.25% and it lagged behind -14.18% from its 52 week maximum mark. Stock price volatility for last month remained 1.85%. In its share capital, the company has 1.07billion outstanding shares out of which 1.07billion shares have been floated in the market. For now, stock ownership with company’s management remained 0.01%.

AA presented an optimistic weekly performance of 7.42% with respect to its rate of return and it remained 9.98% for the month. However, the performance for a quarter experienced a positive change of 4.99% and it surged 1.65% for a year and its year to date performance remained in green with 6.68%.

Current stock price is in the upbeat territory taking into account of 20 days moving average with 6.40% and continued bullish run for 50 days moving average with 8.28%. Its earning per share for the past twelve months was -$0.23. Company’s beta coefficient was at 2.08. Beta measures the amount of market risk associated with market trade.

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