Q3 Earnings Scorecard: Commodity Stock Hits And Misses

2013′s third quarter earnings season was perhaps not what many analysts had expected, as companies across all sectors reported both hits and misses. In the commodity space, Alcoa had set the tone for the start of the season, beating earnings and revenue estimates and posting a profit of $24 million. And while other commodity stocks also managed to post better-than-expected results, some showed signs of weakness from this year’s commodity slump [for more commodity news and analysis subscribe to our free newsletter].

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Major Commodity Earnings On Tap: EPB, KMI, SLB

With Alcoa (AA) kicking off earnings season this week, investors will be keeping a close eye on the results of their favorite commodity stocks. On Tuesday, the largest U.S. aluminum producer reported a profit of $24 million in the third quarter – a significant uptick from the $143 million loss reported a year ago. Revenues for the company came in at $5.765 billion, beating analyst estimates of $5.66 billion; Alcoa’s Q3 EPS of $0.11 also beat estimates by $0.06. In the coming week, investors will once again comb through a slew of earnings reports, but what is perhaps more important than the reports themselves is the particular outlook that each company provides [for more commodity news and analysis subscribe to our free newsletter].

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Q2 Earnings Scorecard: Commodity Stock Hits And Misses

2013′s second quarter earnings season was perhaps not what many analysts had expected, as companies across all sectors reported both hits and misses. In the commodity space, Alcoa had set the tone for the start of the season, beating estimates despite falling aluminum prices. And while other commodity stocks also managed to post better-than-expected results, some showed signs of weakness from this year’s commodity slump [for more commodity news and analysis subscribe to our free newsletter].

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Major Commodity Earnings This Week: Energy On Tap

With Alcoa (AA) kicking off earnings season early last week, the focus for many investors has shifted away from larger macroeconomic reports and honed in on the reports of industry bellwethers. While Alcoa set the tone by beating estimates, many feared that the company would eventually fall prey to weakening aluminum prices, getting the second quarter earnings season off to a foggy start. This week, though mostly filled with major financial institutions, will feature several reports from key players throughout the commodity world, with a focus on energy [for more commodity news and analysis subscribe to our free newsletter].

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