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Alcoa revenue beats expectations, but earnings come up short

Alcoa reported quarterly revenue that beat analysts' expectations on Thursday, but its earnings came up short.

After the earnings announcement, the company's shares fell more than 3 percent in extended-hours trading. (Click here to get the latest quotes for Alcoa.)

The company posted fourth-quarter earnings excluding items of 4 cents per share, down from 6 cents a share in the year-earlier period.

Revenue dropped to $5.59 billion from $5.90 billion a year earlier.

Analysts had expected the company to report earnings excluding items of 6 cents a share on $5.34 billion in revenue, according to a consensus estimate from Thomson Reuters.

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