AK Steel (AKS) Tops Q4 EPS by 16c

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AK Steel Reports Fourth Quarter and Full-Year 2016 Financial Results

January 24, 2017 8:30 AM EST

WEST CHESTER, OH -- (Marketwired) -- 01/24/17 -- AK Steel (NYSE: AKS) today reported its financial results for the fourth quarter and full year 2016.

4th Quarter 2016 Highlights

Sales of $1.42 billion with an average selling price of $998 per ton Net loss of $62.4 million, or $0.22 per diluted share, includes benefit plan and other charges Adjusted net income of $75.2 million, or $0.25 per diluted share Adjusted EBITDA of $164.9 million, or 11.6% of net sales, including unrealized mark-to-market... More