AK Steel Announces First Quarter 2019 Financial Results

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AK Steel (AKS) Tops Q1 EPS by 10c

April 29, 2019 4:17 PM EDT

AK Steel (NYSE: AKS) reported Q1 EPS of $0.23, $0.10 better than the analyst estimate of $0.13. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.74 billion.

GUIDANCE:

AK Steel sees FY2019 EPS of $0.48-$0.54, versus the consensus of $0.47.

Based on the change in hot-rolled carbon spot market pricing from approximately $720 per ton in January to about $690 per ton... More