AK Steel (AKS) Tops Q4 EPS by 5c, Offers FY Guidance
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AK Steel Announces Fourth Quarter and Full-Year 2018 Financial Results; Provides 2019 Outlook
January 28, 2019 4:30 PM ESTWEST CHESTER, Ohio, Jan. 28, 2019 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) today reported its financial results for the fourth quarter and full-year 2018.
Fourth Quarter 2018 Highlights
Fourth quarter 2018 net income of $33.5 million, or $0.11 per diluted share; adjusted net income of $48.0 million, or $0.16 per diluted share, compared to a loss in prior year fourth quarterFourth quarter 2018 adjusted EBITDA of $135.5 million, a 101% increase from the fourth quarter of 2017Fourth quarter 2018 sales of $1,677.1 million, a 12% increase from the fourth quarter of... More