Alcoa Posts Higher Profit On Alumina, Aluminum Sales Gains

Alcoa reported higher fourth-quarter profit after an increase in aluminum prices offset tariff costs on U.S. imports from Canada. The aluminum producer posted a fourth-quarter profit of $226 million, or 85 cents per share, compared with a profit of $202 million, or 76 cents per share, a year earlier. Wall Street was looking for 93 cents per share, according to FactSet.