Kapstone (KS) Reports In-Line Q2 EPS, Miss on Revenues

Kapstone (NYSE: KS) reported Q2 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $823 million versus the consensus estimate of $829.14 million.

• Net sales of $823 million up $38 million, or 5 percent
• Net income of $20 million down $1 million, or 5 percent
• Diluted EPS of $0.20 down $0.01 per share, or 5 percent

Non U.S. GAAP financial measures for the 2017 second quarter compared to 2016 are as follows:

• Adjusted EBITDA of $100 million up $3 million, or 3 percent
• Adjusted net income of $27 million up $1 million, or 3 percent
• Adjusted diluted EPS of $0.27, flat to 2016

For earnings history and earnings-related data on Kapstone (KS) click here.

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