AK Steel (AKS) Misses Q3 EPS by 2c
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AK Steel Announces Third Quarter 2018 Financial Results and Fourth Quarter Outlook
October 25, 2018 4:45 PM EDTWEST CHESTER, Ohio, Oct. 25, 2018 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) today reported its financial results for the third quarter of 2018.
Third Quarter 2018 Highlights
Net income of $67.2 million, or $0.21 per diluted share, versus $22.3 million, or $0.07 per diluted share, a year agoAdjusted EBITDA of $160.8 million, or 9.3% of sales; highest third quarter since 2008Sales of $1,735.6 million, a 16% increase from third quarter 2017Our results represented our best third quarter performance in 10 years and reflected strong market conditions and... More
