AK Steel (AKS) PT, Estimates Raised at Jefferies
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AK Steel Reports Financial Results for Third Quarter 2016
October 25, 2016 8:30 AM EDTWEST CHESTER, OH -- (Marketwired) -- 10/25/16 -- AK Steel (NYSE: AKS) today reported its financial results for the third quarter of 2016.
3rd Quarter 2016 Highlights
Net income of $50.9 million, or $0.21 per diluted share, compared to net income of $6.7 million, or $0.04 per diluted share in the third quarter 2015 Adjusted EBITDA of $156.6 million increased 31% from the third quarter 2015 Adjusted EBITDA margin improved to 10.8% from 7.0% in the third quarter 2015 Solid liquidity of nearly $1.1 billion... More
