Kapstone (KS) Reports Q2 EPS of $0.54

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Go back to Kapstone (KS) Reports Q2 EPS of $0.54

KapStone Reports Record Third Quarter Results

October 23, 2018 4:15 PM EDT

NORTHBROOK, Ill., Oct. 23, 2018 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) today reported record results for the third quarter ended September 30, 2018. As compared to 2017's third quarter, results for 2018's third quarter are below:

Net sales of $894 million up $25 million, or 3 percent Net income of $73 million up $42 million, or 142 percent Diluted EPS of $0.72 up $0.42 per share, or 140 percent

Non U.S. GAAP financial measures for the 2018 third quarter compared to 2017 are as follows:

Adjusted EBITDA of $163 million up $42... More