Kaiser Aluminum (KALU) Misses Q3 EPS by 18c, Miss on Revenues
Kaiser Aluminum (NASDAQ: KALU) reported Q3 EPS of $0.90, $0.18 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $333 million versus the consensus estimate of $335.37 million.
Third Quarter 2017 Highlights:
- Net Sales $333 Million; Value Added Revenue $187 Million Down 5% Despite Higher Shipments
- Net Income $20 Million; Adjusted EBITDA $43 Million; Adjusted EBITDA Margin 23.1%
- Strong Operational Performance Across the Platform
- Ramp-up of New Equipment and Automated Controls at Trentwood Slower Than Anticipated
For earnings history and earnings-related data on Kaiser Aluminum (KALU) click here.
