Alcoa Inc AA kicked off Q1 earnings season on Monday, reporting EPS of $0.07 on revenue of $4.95 billion versus consensus estimates of $0.02 and $5.14 billion. The mixed results triggered an equally mixed market reaction. After falling 2.6 percent in Tuesday’s session, Alcoa’s stock is surging 5.4 percent Wednesday.

Alcoa is typically the first big-name company to report each earnings season, and some traders look at it as a bellwether for the quarter. Benzinga asked Twitter if Alcoa’s earnings are an important indication of the entire earnings season.

Nearly two-thirds (63 percent) said that Alcoa’s results are meaningless when it comes to the rest of the market, while 20 percent of respondents say that they take Alcoa’s earnings seriously as a predictor of the strength of the entire earnings season.

One thing is for sure: earnings season is a critical period for any investor. Quarterly reports are…

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