Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Alcoa's revenue increased sequentially to $2.9 billion, driven by higher alumina and aluminum prices.</li><li>In the Alumina segment, third-party revenue saw a 5% rise due to increased average realized prices, despite lower shipments.</li><li>The Aluminum segment reported a 16% increase in third-party revenue, attributed to higher prices and increased shipments.</li></ul>

Alcoa's revenue increased sequentially to $2.9 billion, driven by higher alumina and aluminum prices.In the Alumina segment, third-party revenue saw a 5% rise due to increased average realized prices, despite lower shipments.The Aluminum segment reported a 16% increase in third-party revenue, attributed to higher prices and increased shipments.

Alcoa Corporation: What Is The Impact Of Increasing Alumina and Aluminum Prices? - Major Drivers

<ul><li>Alcoa Corporation recently reported its first quarter 2024 earnings, delivering a mix of strategic developments and financial results that reflect the company's evolving business landscape.</li><li>The company announced a significant transaction, the acquisition of Alumina Limited, which is expected to consolidate its ownership in the Alcoa World Alumina and Chemicals joint venture.</li><li>This all-stock deal, valued at approximately $2.2 billion, aims to provide a streamlined corporate structure and enhance shareholder value.</li></ul>

Alcoa Corporation recently reported its first quarter 2024 earnings, delivering a mix of strategic developments and financial results that reflect the company's evolving business landscape.The company announced a significant transaction, the acquisition of Alumina Limited, which is expected to consolidate its ownership in the Alcoa World Alumina and Chemicals joint venture.This all-stock deal, valued at approximately $2.2 billion, aims to provide a streamlined corporate structure and enhance shareholder value.

Alcoa Corporation: Strategic Acquisition Of Alumina & 5 Pivotal Growth Drivers

<ul><li>The latest earnings of Alcoa Corporation reveals both negative and positive aspects of the company.</li><li>William Oplinger, Alcoa Corporation President and Chief Executive Officer, and Molly Beerman, Executive Vice President and Chief Financial Officer, gave crucial updates on the company's performance, recent activities and future prospects.</li><li>A significant positive was the proposed acquisition of Alumina Limited, aimed at giving Alcoa complete ownership over the Alcoa World Alumina and Chemicals Joint Venture.</li></ul>

The latest earnings of Alcoa Corporation reveals both negative and positive aspects of the company.William Oplinger, Alcoa Corporation President and Chief Executive Officer, and Molly Beerman, Executive Vice President and Chief Financial Officer, gave crucial updates on the company's performance, recent activities and future prospects.A significant positive was the proposed acquisition of Alumina Limited, aimed at giving Alcoa complete ownership over the Alcoa World Alumina and Chemicals Joint Venture.

Alcoa Corporation: Increasing Economic Interest in Assets via Alumina Limited Deal! - 5 Major Drivers

<ul><li>Alcoa highlighted improvement in safety and operational performance.</li><li>The company achieved production records at its three smelters in Canada and one in Norway, signalling strong operational capabilities and efficiency.</li><li>Improvements have been credited to a clear focus on values including integrity, operational excellence, and care for people.</li></ul>

Alcoa highlighted improvement in safety and operational performance.The company achieved production records at its three smelters in Canada and one in Norway, signalling strong operational capabilities and efficiency.Improvements have been credited to a clear focus on values including integrity, operational excellence, and care for people.

Alcoa Corporation: Strategic Acquisition of Alumina Marks a Milestone in the Metals Industry! - Key Drivers

<ul><li>Alcoa Corporation delivered a mixed result in the recent quarter, with revenues above market expectations but failed to surpass the analyst consensus regarding earnings.</li><li>Adjusted EBITDA saw a $67 million decrease to $70 million, with diminished revenue offset by reduced costs.</li><li>At the segment level, expectations include a $50 million improvement in alumina, offset by $10 million in higher energy costs.</li></ul>

Alcoa Corporation delivered a mixed result in the recent quarter, with revenues above market expectations but failed to surpass the analyst consensus regarding earnings.Adjusted EBITDA saw a $67 million decrease to $70 million, with diminished revenue offset by reduced costs.At the segment level, expectations include a $50 million improvement in alumina, offset by $10 million in higher energy costs.

Alcoa Corporation: Can The Strategic Cost Reduction & Competitiveness Enhancement Change The Game? - Major Drivers

United States

Alcoa Corporation manufactures metal products. The Company produces and sells bauxite, alumina, and aluminum products. Alcoa serves aluminum industry worldwide.

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Alcoa (AA US)

Alcoa Corporation: What Is The Impact Of Increasing Alumina and Aluminum Prices? - Major Drivers

Alcoa's revenue increased sequentially to $2.9 billion, driven by higher alumina and aluminum prices. In the Alumina segment, third-party revenue...

Baptista Research

Alcoa Corporation: Strategic Acquisition Of Alumina & 5 Pivotal Growth Drivers

Alcoa Corporation recently reported its first quarter 2024 earnings, delivering a mix of strategic developments and financial results that reflect...

Baptista Research

Alcoa Corporation: Increasing Economic Interest in Assets via Alumina Limited Deal! - 5 Major Drivers

The latest earnings of Alcoa Corporation reveals both negative and positive aspects of the company. William Oplinger, Alcoa Corporation President...

Baptista Research

Alcoa Corporation: Strategic Acquisition of Alumina Marks a Milestone in the Metals Industry! - Key Drivers

Alcoa highlighted improvement in safety and operational performance. The company achieved production records at its three smelters in Canada and...

Baptista Research

Alcoa Corporation: Can The Strategic Cost Reduction & Competitiveness Enhancement Change The Game? - Major Drivers

Alcoa Corporation delivered a mixed result in the recent quarter, with revenues above market expectations but failed to surpass the analyst...

Baptista Research

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