Kaiser Aluminum Corporation Reports Third Quarter and First Nine Months 2015 Financial Results
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Kaiser Aluminum (KALU) Misses Q3 EPS by 9c, Offers Outlook
October 21, 2015 4:49 PM EDTKaiser Aluminum (NASDAQ: KALU) reported Q3 EPS of $1.07, $0.09 worse than the analyst estimate of $1.16. Revenue for the quarter came in at $336.4 million versus the consensus estimate of $354.7 million.
Outlook
We expect normal seasonal demand weakness in the fourth quarter to be partially offset by strong throughput and improved manufacturing cost efficiency at Trentwood following the extended outage and equipment downtime in the third quarter. In addition, we anticipate some improvement in cost efficiency in our automotive operations, despite... More
