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More Squawk From Jim Cramer: Alcoa (AA) Earnings 'Will Be Horrible'

NEW YORK (TheStreet) -- Alcoa (AA - Get Report) stock is rising 3.74% to $9.72 in morning trading on Monday, even though Wall Street expects the aluminum producer to report a year-over-year decline in revenue and earnings for the 2016 first quarter after today's market close.

"Alcoa will be horrible," TheStreet's Jim Cramer said of the company's earnings on CNBC's "Squawk on the Street" this morning.

However, the company is splitting its more profitable parts-making businesses from its raw aluminum unit later this year, Cramer pointed out.

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