Earnings Snapshot: Alcoa Q2 misses earnings, revenue estimates; EBITDA rises 51%

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Alcoa: Probably Not The Time To Buy The Dip Alcoa's Collapse Looks Like A Buying Opportunity Alcoa Corporation (AA) Presents at 16th Annual Wells Fargo Industrials & Materials Conference - Slideshow Alcoa approves development of Australia gallium project with U.S., Japan, Australia backing

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Alcoa missed earnings and sales expectations in the recent 2Q, but saw a 51% increase in EBITDA. The crisis situation at Alcoa is seen as a buying opportunity. Alcoa has approved the development of the gallium project in Australia, supported by the US, Japan and Australia.

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The company's EBITDA increase is a positive sign, but the missed earnings and sales expectations are a concern. The development of the gallium project could lead to significant growth in the aerospace industry, as gallium is a vital material used in electronic components and aerospace.

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Bullish (Long) 56% · Bearish (Short) 44%

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