Kaiser Aluminum (KALU) Tops Q4 EPS by 23c

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Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2018 Financial Results

February 20, 2019 4:30 PM EST

Fourth Quarter 2018 Highlights:

Shipments Up 4% Year-over-YearNet Sales $389 Million; Value Added Revenue $210 Million, Up 8% Year-over-YearNet Income $24 Million, Earnings per Diluted Share $1.41Adjusted Net Income $30 Million, Adjusted Earnings per Diluted Share $1.77Adjusted EBITDA $55 Million; Adjusted EBITDA Margin 26.0%

Full Year 2018 Results and Business Environment:

Aerospace Supply Chain Destocking; Growing Underlying Aerospace Demand High Contained Metal and Freight CostsRecord Shipments Up 4% Year-over-YearNet Sales $1.6 Billion; Record Value Added Revenue $828 Million, Up... More