Monday, January 25, 2016

Alcoa's Outlook on the Economy

Alcoa (NYSE: AA) kicked off earnings season and, as usual, gave a detailed end-market outlook for the year ahead. It's useful information, not only for Alcoa followers but for the industrial sector and Alcoa clients like General Electric Company (NYSE: GE) and Boeing (NYSE: BA). Moreover, Alcoa's end-market commentary gives clues as to what to expect from industrial companies' earnings reports in the coming weeks. Let's take a closer look.
 Segment2016 Growth Outlook
Aerospac8% to 9%
Automotive1% to 4%
Heavy-duty truck and trailer(3%) to 1%
Packaging1% to 3%
Building and construction4% to 6%
Industrial gas turbines2% to 4%
Data source: Alcoa

READ THE FUL EQUITY RESEARCH ARTICLE LINKED