Alcoa's OPS Decreases According to StockDiagnostics.com


NEW YORK, June 7, 2002 (PRIMEZONE) -- StockDiagnostics.com announces that Alcoa Inc.'s (NYSE:AA) OPS (Operational-cashflow per share) for its first-quarter, trailing six and twelve-months ended March 31, 2002 OPS decreased 29% for the first-quarter, 27% for the trailing six-months and 14% for the twelve-months ended March 31, 2002 over the comparable periods ended March 31, 2001.

To view four-quarter, twenty-quarter, and five-year, OPS charts on Alcoa and over 7,500 public companies, go to: http://www.stockdiagnostics.com

Alcoa's computed OPS (Operational-cashflow Per Share) for its first-quarter ended March 31, 2002, was $ 0.28, a decrease of 29% over its OPS of $0.40 for its first-quarter ended March 31, 2001. For the trailing six-months ended March 31, 2002, Alcoa's OPS decreased to $1.09, a decrease of 27% as compared to its OPS of $1.49 for the six-months ended March 31, 2001. For the trailing 12-months ended March 31, 2002, Alcoa's OPS decreased to $2.71, a decrease of 14% as compared to its OPS of $3.16 for the twelve-months ended March 31, 2001.

What is OPS?

OPS(TM) stands for "Operational-cashflow Per Share." It is derived from the line item "Cash Flow from Operations" which appears in a company's quarterly and annual Cash Flow Statements filed with the Securities & Exchange Commission. "OPS" is calculated by dividing a company's Cash Flow from Operations by the total number of shares outstanding. After conducting in-depth research on Operational-cashflow Per Share, StockDiagnostics.com determined that OPS could be used to measure the quality of a company's EPS and for monitoring its overall financial health. Cash Flow from Operations is a company's financial lifeblood and a sudden decrease in it can drain this lifeblood, causing an increase in debt, share dilution, share price erosion, and in the more extreme cases, bankruptcy.

For more information on OPS go to: http://www.stockdiagnostics.com/member/ops.htm

About StockDiagnostics.com

StockDiagnostics.com has designed and built a proprietary data refinery that automates the process of collecting, sorting, and organizing large amounts of securities pricing and financial data into comparative financial ratios. These ratios are used to identify Financial Statement and securities pricing variances or anomalies and to monitor changes in the performance of public companies.

For more information on StockDiagnostics.com go to: http://www.stockdiagnostics.com/member/help.htm#a1

OPS, OPS Ratings, and The EPS Syndrome are all Trade Marks(TM) of StockDiagnostics.com.


            

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