Kaiser Aluminum (KALU) Reports In-Line Q1 EPS

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Kaiser Aluminum Corporation Reports First Quarter 2022 Financial Results

April 20, 2022 4:31 PM EDT

First Quarter 2022 Highlights:

Net Sales $949 Million; Value Added Revenue $370 MillionNet Income $8 Million; Net Income per Diluted Share $0.51Adjusted Net Income $11 Million; Adjusted Earnings per Diluted Share $0.66Adjusted EBITDA $55 Million; Adjusted EBITDA Margin 14.8%Strong Demand for General Engineering and Packaging; Aerospace Recovery Continues As ExpectedHigher Freight Costs of ~$6 Million Due to Rail and Port Shipping ConstraintsLingering Supply Chain Issues Related to Metal and Magnesium Continue to Impact Results

FRANKLIN, Tenn., April 20, 2022... More