Noranda Aluminum (NOR) Misses Q3 EPS Views

Go back to Noranda Aluminum (NOR) Misses Q3 EPS Views

Noranda Reports Third Quarter 2015 Results

November 9, 2015 4:18 PM EST

Third Quarter 2015 and Other Highlights
·         Cash and cash equivalents totaled $8.9 million and total available liquidity was $112.7 million as of September 30, 2015

·         Excluding special items, loss per share was $3.87 loss versus a $0.32 loss per share in third quarter 2014; reported loss per share was $17.49 versus a $0.40 loss per share in the third quarter 2014

·         Average realized Midwest Transaction Price was $0.79 per pound, compared to $0.95 per pound in second quarter 2015, and $1.08 per pound in third quarter 2014

·         Total segment loss was $26.4 million versus total segment profit of $19.4 million in second quarter 2015 and total segment profit... More