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AA / Alcoa: Exploring The Mystery Of High Tax Rates

Alcoa: Exploring The Mystery Of High Tax Rates
Alcoa Corporation's high effective tax rates have resulted in losses after tax, with a 95% rate in 2022. There are two ways to explain the high tax rates. Based on the tax reconciliation, the high tax rate is due to large changes in the valuation allowances. Another explanation is that the high tax rate is due to arithmetic issues. The losses in the Domestic operations resulted in lower overall profits. The tax rate is then magnified. Read More
Posted: Jun 12 2023, 17:03
Author Name: Seeking Alpha
Views: 092186

AA News  

Struggling Aluminum Stock Dented by Bear Note

By Schaeffers Research
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Struggling Aluminum Stock Dented by Bear Note

Aluminum stock Alcoa Corp (NYSE:AA) is lower ahead of the open, last seen down 2.6% following a bear note from Bank of America. more_horizontal

Alcoa Has A Very Bright Future, But Not Without Risks

By Seeking Alpha
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Alcoa Has A Very Bright Future, But Not Without Risks

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Alcoa Corporation (AA) Q3 2023 Earnings Call Transcript

By Seeking Alpha
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Alcoa Corporation (AA) Q3 2023 Earnings Call Transcript

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Alcoa (AA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

By Zacks Investment Research
October 18, 2023

Alcoa (AA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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Alcoa (AA) Reports Q3 Loss, Tops Revenue Estimates

By Zacks Investment Research
October 18, 2023

Alcoa (AA) Reports Q3 Loss, Tops Revenue Estimates

Alcoa (AA) came out with a quarterly loss of $1.14 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $0.33 pe more_horizontal

Alcoa has long-term value and a ‘Buy' at current levels: analysts

By Proactive Investors
October 17, 2023

Alcoa has long-term value and a ‘Buy' at current levels: analysts

Alcoa (NYSE:AA) Corp is expected to provide a strategy update with its results on October 18, with all options on the table as its stock price underpe more_horizontal

Alcoa (AA) Declines More Than Market: Some Information for Investors

By Zacks Investment Research
October 13, 2023

Alcoa (AA) Declines More Than Market: Some Information for Investors

In the closing of the recent trading day, Alcoa (AA) stood at $26.58, denoting a -1.19% change from the preceding trading day. more_horizontal

Big Banks Beat in Q3, Import Prices Lower

By Zacks Investment Research
October 13, 2023

Big Banks Beat in Q3, Import Prices Lower

JPMorgan, Citi and Wells Fargo all beat estimates on both top and bottom lines. So far so good for the Big Banks in Q3. more_horizontal


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