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.
