Kapstone (KS) Misses Q3 EPS by 4c, Revenue Beats

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KapStone Reports Third Quarter Results

October 25, 2017 4:15 PM EDT

NORTHBROOK, Ill., Oct. 25, 2017 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) today reported results for the third quarter ended September 30, 2017. As compared to 2016's third quarter, results for 2017's third quarter are below:

Net sales of $868 million up $92 million, or 12 percent Net income of $30 million down $1 million, or 3 percent Diluted EPS of $0.30 down $0.02 per share, or 6 percent 

Non U.S. GAAP financial measures for the 2017 third quarter are as follows:                                            

Adjusted EBITDA of $121 million up $13 million, or 12 percent Adjusted net income of $38 million up $2... More