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.

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