Thursday, July 31, 2014

Aloca Earnings Analysis

Alcoa's  earnings are always interesting because the company gives great guidance on the industrial economy. In addition, the earnings come at the start of the new earnings seasons, and they give Fools the chance to confirm whether Alcoa's commentary matches what their companies have been saying recently. In this regard, shareholders in Cummins, Johnson Controls, and Caterpillar  should follow closely, Alcoa's management had a lot of interesting things to say.

Alcoa upgrades market forecasts, good for Cummins
A summation of Alcoa's end market guidance reveals that the only formal upgrade to its outlook was in the heavy truck and trailer market. The parts in green are where upgrades took place.

Source: Alcoa presentations