Alcoa (AA) Stock Is Down Today on Revenue Miss

April 9, 2015 3:58 PM

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Alcoa (AA) Stock Is Down Today on Revenue Miss

NEW YORK (TheStreet) -- Shares of Alcoa (AA - Get Report) were falling 4.7% to $13.04 on heavy trading volume after the aluminum producer missed analysts' estimates for revenue in the first quarter.

Alcoa reported revenue of $5.82 billion for the first quarter, a 6.8% increase from the year-ago quarter, but below analysts' estimates of $5.94 billion. The company reported earnings of 28 cents a share for the first quarter, above analysts' estimates of 26 cents a share.

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