Kaiser Aluminum (KALU) Tops Q2 EPS by 40c, Revenues Beat

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Go back to Kaiser Aluminum (KALU) Tops Q2 EPS by 40c, Revenues Beat

Kaiser Aluminum Corporation Reports Second Quarter and First Half 2020 Financial Results

July 22, 2020 4:31 PM EDT

Second Quarter 2020:

Net Sales $276 Million; Value Added Revenue $175 Million, Down 17% Year-over-YearNet Loss $7 Million; Net Loss per Diluted Share $0.41, Includes Pre-tax Restructuring Charges of $12 Million, or $0.57 per Diluted Share After-tax Adjusted Net Income $6 Million; Adjusted Earnings per Diluted Share $0.36Adjusted EBITDA $34 Million; Adjusted EBITDA Margin 19.7%Total Liquidity ~$1.0 Billion

First Half 2020:

Net Sales $645 Million; Value Added Revenue $391 Million, Down 9% Year-over-YearNet Income $23 Million; Net Income per Diluted Share $1.41Adjusted Net... More