Kapstone (KS) Misses Q2 EPS by 1c

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Go back to Kapstone (KS) Misses Q2 EPS by 1c

KapStone Reports Second Quarter Results

July 29, 2015 4:15 PM EDT

NORTHBROOK, Ill., July 29, 2015 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS)("KapStone", or the "Company") today reported results for the second quarter ended June 30, 2015. As compared to 2014's second quarter, results for 2015's second quarter are below:

Net sales of $671 million up $81 million, or 14 percent Net income of $34 million down $17 million, or 33 percent Adjusted net income of $42 million down $14 million, or 24 percent  Adjusted EBITDA of $110 million down $16 million, or 13 percent Adjusted EBITDA margin of 16.4 percent, down from 21.4 percent    Diluted... More