Alcoa Inc (AA), WD-40 Company (WDFC): Three Noteworthy Trends to Start Earnings Season

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The company reaffirmed its guidance, and indicated that the price of aluminum has declined 4% year-over-year. Thus, there was nothing too exciting about the quarter. However, Alcoa Inc (NYSE:AA) is an exciting earnings report because they give a great conference call and can guide you into other strengths of the market, where the company sees high demand.

According to Alcoa Inc (NYSE:AA), both the auto and airplane markets are performing “particularly” strong, which could bode well for companies that operate in the space. This indicates that companies in these two segments require more aluminum, and are building products faster. As an investor, airplanes and autos is how I’d play Alcoa Inc (NYSE:AA)’s earnings, and I wouldn’t think of buying a company with absolutely zero excitement like Alcoa Inc (NYSE:AA).

Final Thoughts

Sometimes, there is more to earnings than what meets the eye.

Alcoa let us know that strength exists for auto makers and airplane stocks, while Wolverine World Wide, Inc. (NYSE:WWW) confirms suspensions and channel checks that the shoe market has been on the rise.

WD-40 Company (NASDAQ:WDFC)’s performance might fly under-the-radar, but by all accounts is performing very strongly and could very well trade higher following its illogical post-earnings volatility.

Hence, while the first day of earnings season was somewhat quiet, it was a good start to what’s sure to be an interesting season. As a result, I consider each of these moves noteworthy to say the least.

The article 3 Noteworthy Trends to Start Earnings Season originally appeared on Fool.com and is written by Brian Nichols.

Brian Nichols has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Brian is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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