Short answer
Alcoa Corp (AA) filed its Q3 2016 10-Q quarterly report on Dec 1, 2016 for the quarter ended Sep 30, 2016.
Alcoa Corp Q3 2016 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $2,329, down 13% YoY from $2,679
- COGS margin 15.7% vs 16.4% YoY, SG&A 4.0% vs 3.5%
- Worst segment Alumina: ATOI down $117, third-party sales down 33%
- Best segment Aluminum: ATOI up $106, despite sales down 19%
- Operating cash flow used $550 vs $822 provided YoY, capital expenditures $258, Portland outage created near-term production risk
Risk Factors
- Separation Transaction risk: SEC effectiveness and IRS tax ruling conditions preceded November 1, 2016 completion
- Standalone-company risk: historical cost allocations may not reflect actual future corporate expenses
- Liquidity risk: $1,100 cash payment to ParentCo funded with debt-offering proceeds
- Operational risk: centralized cash management previously met working-capital needs through ParentCo
- Financial reporting risk: pro forma EPS based on 182,471,195 distributed shares before issuance
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Alcoa Corp quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.