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Earnings Reaction History: Alcoa Inc., 66.7% Follow-Through Indicator, 3.9% Sensitive


Shutterstock photo

Expected Earnings Release: 04/11/2016, After-hours

Avg. Extended-Hours Dollar Volume: $42,600,770

Alcoa Inc. ( AA ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in AA indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close.

Last 12 Qtrs Positive Only Price Reactions

Percent of time added to extended-hours gains: 60%

Average next regular session additional gain: 2.2%

Over the prior three fiscal years (12 quarters), when shares of AA rose in the extended-hours session in reaction to its earnings announcement, history shows that 60.0% of the time (3 events) the stock posted additional gains in the following regular session by an average of 2.2%.

Last 12 Qtrs Negative Only Price Reactions

Percent of time added to extended-hours losses: 75%

Average next regular session additional loss: 3.1%

Over that same historical period, when shares of AA dropped in the extended-hours in reaction to its earnings announcement, history shows that 75.0% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 3.1% by the following regular session close.

Data provided by the MT Pro service at MTNewswires.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Earnings Reaction History: Alcoa Inc., 66.7% Follow-Through Indicator, 3.9% Sensitive Reviewed by on . Shutterstock photo Expected Earnings Release: 04/11/2016, After-hours Avg. Extended-Hours Dollar Volume: $42,600,770 Alcoa Inc. ( AA ) is due to issue its quart Shutterstock photo Expected Earnings Release: 04/11/2016, After-hours Avg. Extended-Hours Dollar Volume: $42,600,770 Alcoa Inc. ( AA ) is due to issue its quart Rating:
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