Kaiser Aluminum (KALU) Misses Q2 EPS by 72c, Revenue Beats

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Go back to Kaiser Aluminum (KALU) Misses Q2 EPS by 72c, Revenue Beats

Kaiser Aluminum Corporation Reports Second Quarter and First Half 2022 Financial Results

July 25, 2022 4:31 PM EDT

Second Quarter 2022 Highlights:

Net Sales $954 Million; Value Added Revenue $376 MillionNet Loss $14 Million; Net Loss per Diluted Share $0.87Adjusted Net Loss $1 Million; Adjusted Loss per Diluted Share $0.03Adjusted EBITDA $41 Million; Adjusted EBITDA Margin 10.9%Strong Demand for General Engineering and Packaging; Aerospace Recovery Continues As ExpectedImproved Pricing Largely Mitigating Inflationary and Commodity Costs Continued Increase in Inflationary Costs Remains ChallengingIncremental Costs of ~$17 Million Primarily Related to... More