Noranda Aluminum (NOR) Posts Q3 Loss of 4c/Share

Noranda Aluminum (NYSE: NOR) reported Q3 EPS of ($0.04), $0.02 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $361.4 million versus the consensus estimate of $372.9 million.

• Total segment profit was $36.6 million, compared to $30.4 million in second quarter 2014 and $11.0 million in third quarter 2013
• Average realized Midwest transaction price per pound shipped was $1.08, compared to $0.99 in second quarter 2014; $0.92 in third quarter 2013
• Net Cash Cost was $0.90 per pound, compared to $0.84 per pound in second quarter 2014; third quarter 2013 Net Cash Cost was $0.89 per pound
• Cash and cash equivalents totaled $24.3 million and total available liquidity was $183.5 million as of September 30, 2014

For earnings history and earnings-related data on Noranda Aluminum (NOR) click here.

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