Alcoa just announced its quarterly earnings and the company impressed analyst and everybody. Here is what they reported:2Q 2016 Consolidated Highlights Net income of $135 million, or $0.09 per share;excluding special items, adjusted net income of $213 million, or $0.15 per shareRevenue of $5.3 billion, down 10 percent year-over-year, reflects: 4 percent revenue increase from recent acquisitions and organic growth, more than offset by a 14 percent revenue decline due primarily to lower aluminum and alumina pricing and the impact of curtailed, divested and closed operationsAnnounced sales of non-essential assets expected to generate total cash proceeds of $1.2 billion during 2016; $815 million received year-to-date, strengthening the balance sheet$1.9 billion cash on handStrong productivity gains of $375 million, year-over-year, across all segments2Q 2016 Arconic Segments (Value-Add) Revenue of $3.5 billion, up 1 percent year-over-year, reflects: 5 percent revenue increase related to acquisitions, mostly offset by a 4 percent revenue decline predominately from metal price impactsRecord Engineered Products and Solutions revenue of $1.5 billion, up 15 percent year-over-yearAfter-tax operating income of $294 million, up 3 percent year-over-year Global Rolled Products: $68 million after-tax operating income;record quarter for automotive sheet shipments, up 17 percent year-over-yearEngineered Products and Solutions: Record after-tax operating income of $180 million, up 9 percent year-over-yearTransportation and Construction Solutions: $46 million after-tax operating income, up 5 percent year-over-year Signed a multi-year contract with Embraer valued at approximately $470 millionOpened state-of-the-art, 3D printing metal powder production facility to develop and produce proprietary titanium, nickel and aluminum powdersAchieved $176 million in productivity savings ($360 million year-to-date), on target to deliver $650 million in 20162Q 2016 Alcoa Corporation Segments (Upstream) Total revenue of $2.3 billion, up 7 percent sequentially Predominately due to 22 percent higher alumina prices, 2 percent higher aluminum pricing and organic growth, slightly offset by the impact of curtailed, divested and closed operationsThird-party revenue of $1.8 billion, up 9 percent sequentiallyAfter-tax operating income of $150 million, up sequentially, as improved pricing, productivity savings and the realized benefit of a more competitive portfolio lifted Alumina and Primary Metals segments profitsAlcoa World Alumina and Chemicals secured $60 million of new third-party bauxite sales over the next two yearsReached power agreement to improve competitiveness of Intalco smelter in Washington State and curtailed Pt. Comfort, Texas refineryAchieved $199 million in productivity savings ($379 million year-to-date), on target to deliver $550 million in 2016However, I don't think that it's right chance to get it. What I do really like is that Alcoa could hugely benefit from 3D printing. It means that higher DDD and SSYS go, higher AA could go.