Kapstone (KS) Misses Q1 EPS by 11c
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KapStone Reports First Quarter Results
May 4, 2015 5:15 PM EDTNORTHBROOK, Ill., May 4, 2015 /PRNewswire/ --Â KapStone Paper and Packaging Corporation (NYSE: KS) today reported results for the first quarter ended March 31, 2015. As compared to 2014's first quarter, results for 2015's first quarter are below:
Net sales of $546 million down $3 million, or 1 percent Net income of $26 million down $6 million, or 19 percent Adjusted net income of $29 million down $6 million, or 17 percent Adjusted EBITDA of $87 million down $9 million, or 9 percent Adjusted EBITDA margin of 15.8 percent, down from 17.4 percent Diluted EPS of $0.27 down $0.06 per... More