AK Steel Holding Corp. (AKS) Misses Q3 EPS by 5c

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AK Steel (AKS) Sends Warning to Sector on Q3 Results, Outlook (X) (MT) (NUE)

October 23, 2012 8:59 AM EDT

AK Steel (NYSE: AKS) is pressuring the segment today following third-quarter 2012 results that missed the mark.

Revs fell 7.7 percent to $1.46 billion on lower shipments of 1.364 million tons. Net loss widened from $3.5 million to $60.9 million, or 55 cents per share. After adjusting for a non-cash tax... More