logo
  

Kaiser Aluminum Corporation Announces 32% Advance In Q2 Bottom Line

Kaiser Aluminum Corporation (KLUCQ.OB) reported a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $25 million, or $1.47 per share. This was higher than $19 million, or $1.02 per share, in last year's second quarter.

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.3% to $356 million. This was up from $335 million last year.

Kaiser Aluminum Corporation earnings at a glance:

-Earnings (Q2): $25 Mln. vs. $19 Mln. last year.
-Earnings Growth (Y-o-Y): 31.6%
-EPS (Q2): $1.47 vs. $1.02 last year.
-EPS Growth (Y-o-Y): 44.1%
-Analysts Estimate: $0.99
-Revenue (Q2): $356 Mln vs. $335 Mln last year.
-Revenue Change (Y-o-Y): 6.3%

For comments and feedback contact: editorial@rttnews.com

Business News

This week, we feature Nigeria’s combat with meningitis, Hostile takeover bid for Vanda Pharma, US opioid crisis, Sammy’s Milk’s safety concerns, and X4’s Mavorixafor’s fast-track status.

View More Videos
Follow RTT