Kapstone (KS) Misses Q2 EPS by 2c

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Go back to Kapstone (KS) Misses Q2 EPS by 2c

KapStone Reports Second Quarter Results

July 27, 2016 4:17 PM EDT

NORTHBROOK, Ill., July 27, 2016 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) today reported results for the second quarter ended June 30, 2016. As compared to 2015's second quarter, results for 2016's second quarter are below:

Net sales of $785 million up $114 million, or 17 percent Net income of $21 million down $13 million, or 40 percent Adjusted net income of $26 million down $16 million, or 39 percent  Adjusted EBITDA of $97 million down $14 million, or 13 percent     Diluted EPS of $0.21 down $0.14 per share, or 40 percent   Adjusted diluted EPS of $0.27 down $0.17 per... More