Q3 Earnings: Commodity Stock Hits and Misses

By Commodity HQ  NOV 07, 2013 11:55 AM

Since Alcoa beat estimates and posted a $24 million profit, this earnings season has been a mixed bag for commodities stocks.

 


2013′s third quarter earnings season was perhaps not what many analysts had expected, as companies across all sectors reported both hits and misses. In the commodity space, Alcoa (NYSE:AA) had set the tone for the start of the season, beating earnings and revenue estimates and posting a profit of $24 million. And while other commodity stocks also managed to post better-than-expected results, some showed signs of weakness from this year’s commodity slump.

With the majority of companies already done reporting their third quarter results, we take a close look at how well (or how poorly) the commodity producer industry did:

Beating Analyst Expectations Earnings
Mixed Results
Missing the Mark
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Editor's note: This article by Daniela Pylypczak was originally published on Commodity HQ
No positions in stocks mentioned.