Kaiser Aluminum (KALU) Tops Q1 EPS by 39c

Kaiser Aluminum (NASDAQ: KALU) reported Q1 EPS of $1.52, $0.39 better than the analyst estimate of $1.13. Revenue for the quarter came in at $355 million versus the consensus estimate of $353.3 million.

• Net Sales $355 Million; Value Added Revenue Down 3% on Higher Shipments
• Net Income $36 Million; Adjusted EBITDA $54 Million; Adjusted EBITDA Margin 27%
• Solid Demand For Our General Engineering Applications Drove Higher Sales
• Improved Manufacturing Efficiencies Across the Platform Offset Construction-Related Inefficiencies
• Share Repurchases of ~$33 Million; $100 Million Increase in Repurchase Authorization

For earnings history and earnings-related data on Kaiser Aluminum (KALU) click here.

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