Alcoa’s operating cash flow was ~$1.5 billion in 4Q14, the company’s highest reported quarterly cash flow. Alcoa’s 4Q14 free cash flow was ~$1 billion.
Strong demand from automotive companies like Ford helps aluminum companies such as Alcoa improve their profitability.
Alcoa’s primary segment posted after-tax operating income of $267 million in 4Q14 after posting a 35 million loss in 4Q13.
Alcoa gradually moved away from aluminum-based pricing for alumina, and it prices most of its alumina based on the alumina price index.
Alcoa recorded productivity-related gains of $210 million in the fourth quarter. A better price mix also had a positive impact of $153 million in 4Q14.
Special items include discontinued operations, charges associated with restructuring, and other nonrecurring expenses.
Alcoa is implementing a strategy to transform into a multimaterial powerhouse, including exiting several of its high-cost production facilities.
Aluminum premiums more than doubled in 2014, which benefited primary producers like Rio Tinto and BHP Billiton.
Alcoa is a global leader in lightweight metals technology, engineering, and manufacturing. It employs more than 60,000 people in over 30 countries.
Looking at McDonald’s earnings over the quarters, it’s clear that the restaurant performs best in the second half of the year.
McDonald’s earnings release for the fourth quarter of 2014 will tell investors if the company’s stock value is where it should be or not.
Most of McDonald’s unit growth is expected to come from conventional and developmental franchises. The earnings release should reveal all.
Previously in this series, we looked at some of the initiatives McDonald’s plans to take to turn the company around. The company lists the US, Germany, Japan, and Australia as its priority…
In the previous part of this series, we learned about some of the challenges McDonald’s is facing in its international markets. A turnaround is the company’s need of the hour,…
APMEA was dragged down by McDonald’s supplier issue in China. According to the company, Japan too was affected by the supplier issue.
Wall Street analysts estimate McDonald’s 4Q14 revenue will come in at $6,950 million. That’s a 1% sequential decline over 3Q14 revenues.
In the month of November, McDonald’s same-store sales declined by 4.6% in the US, by 4% in APMEA , and by 2% in Europe.
McDonald’s had the largest share of the fast food restaurant industry in 2014 and serves 70 million customers per day—more than the population of France.
Adobe expects consolidated revenue to be ~$4.85 billion in fiscal 2015, a 17% increase from $4.15 billion in fiscal 2014.
Adobe primarily generates its revenues from its Digital Media, Digital Marketing, and Print & Publishing operating segments.