Kinder Morgan, Nucor, and Other Major Commodity Earnings Coming Up

By Commodity HQ  OCT 10, 2013 11:25 AM

Alcoa began the season with an impressive earnings report. How will other major commodity stocks fare?


With Alcoa (NYSE: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 US 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.

Below, we outline some of the biggest commodity producers and what you should be looking for in their reports.

The Bottom Line

As always, we remind investors that earnings reports have two key elements to watch out for: the actual numbers and the guidance. A company can surpass analysts’ expectations, but a cloudy forecast for the future could send the stock tumbling. Likewise, a miss on the numbers can often be overshadowed by a strong outlook. Be sure to pay attention to both aspects of each report in order to properly trade the stock.

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Editor's note: This article by Daniela Pylypczak was originally published on Commodity HQ.
No positions in stocks mentioned.