Kapstone (KS) Misses on Top and Bottom Line

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KapStone Reports Fourth Quarter And Full Year Results

February 9, 2016 4:16 PM EST

NORTHBROOK, Ill., Feb. 9, 2016 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) today reported preliminary results for the fourth quarter and year ended December 31, 2015.

As compared to 2014's fourth quarter, results for 2015's fourth quarter are below:

Net sales of $764 million up $201 million, or 36 percent Net income of $12 million down $22 million, or 65 percent Diluted EPS of $0.12 down $0.23 per share, or 66 percent Adjusted EBITDA of $82 million down $20 million, or 20 percent Adjusted net income of $16 million down $24 million, or 60 percent Adjusted diluted... More