Kapstone (KS) Reports In-Line Q1 EPS, Revenue Misses

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Go back to Kapstone (KS) Reports In-Line Q1 EPS, Revenue Misses

KapStone Reports First Quarter Results

April 27, 2016 4:18 PM EDT

NORTHBROOK, Ill., April 27, 2016 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) today reported results for the first quarter ended March 31, 2016. As compared to 2015's first quarter, results for 2016's first quarter are below:

Net sales of $738 million up $192 million, or 35 percent Net income of $16 million down $10 million, or 38 percent Adjusted net income of $22 million down $7 million, or 24 percent Adjusted EBITDA of $88 million up $1 million, or 2 percent Diluted EPS of $0.17 down $0.10 per share, or 37 percent Adjusted diluted EPS of $0.23 down $0.07... More