Kaiser Aluminum Corporation Reports Second Quarter and First Half 2021 Financial Results

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Go back to Kaiser Aluminum Corporation Reports Second Quarter and First Half 2021 Financial Results

Kaiser Aluminum (KALU) Misses Q2 EPS by 44c, Revenue Beats

July 21, 2021 4:32 PM EDT

Kaiser Aluminum (NASDAQ: KALU) reported Q2 EPS of $1.00, $0.44 worse than the analyst estimate of $1.44. Revenue for the quarter came in at $741 million versus the consensus estimate of $519.18 million.

Outlook:

The Company anticipates improving trends across its end markets with strong secular demand growth for aerospace, packaging, and automotive along with solid market dynamics continuing to support growth in its general engineering applications.

Aerospace is beginning to build positive momentum as commercial air travel recovers and aerospace/high strength demand is expected to continue improving through the balance of... More