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Alcoa (AA) Stock Gains Ahead of Q1 Earnings

NEW YORK (TheStreet) -- Alcoa (AA - Get Report) stock is rising 1.16% to $9.59 in late morning trading Friday before the company's 2016 first quarter results, due out Monday after the market close.

The New York City-based metals engineering and manufacturing company is expected to deliver a sharp year-over-year decline in earnings and revenue for the first quarter of the year.

Wall Street is anticipating earnings of 3 cents per share on revenue of $5.13 billion for the latest quarter. Alcoa posted a...