Alcoa Non-GAAP EPS of $2.12 misses by $0.07, revenue of $3.97B misses by $190M

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Alcoa press release ( AA ): Q2 Non-GAAP EPS of $2.12 misses by $0.07 . Revenue of $3.97B (+31.9% Y/Y) misses by $190M . The Company has decreased its 2026 projection for alumina production to range between 9.5 and 9.6 million metric

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Alcoa (Alcoa) reported Q2 non-GAAP EPS of $2.12, down 0.07 from expectations and revenue of $3.97 billion, down $190 million. Aluminum production is expected to decline to 95,000-96,000 tons in 2026. This news examines the impact on oil, defense, and semiconductors.

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The decline in Alcoa's results is largely due to the decrease in aluminum production. The decrease in aluminum production is expected to have a negative impact on the defense industry, which relies on the use of aluminum in its products. However, if the defense industry's value-added products are maintained, demand for semiconductors could also remain stable.

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