Kaiser Aluminum (KALU) Tops Q1 EPS by 39c
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Kaiser Aluminum Corporation Reports First Quarter 2017 Financial Results
April 19, 2017 4:30 PM EDTFirst Quarter 2017 Results and Business Highlights:
Net Sales $355 Million; Value Added Revenue Down 3% on Higher ShipmentsNet Income $36 Million; Adjusted EBITDA $54 Million; Adjusted EBITDA Margin 27% Solid Demand For Our General Engineering Applications Drove Higher SalesImproved Manufacturing Efficiencies Across the Platform Offset Construction-Related InefficienciesShare Repurchases of ~$33 Million; $100 Million Increase in Repurchase AuthorizationFOOTHILL RANCH, Calif., April 19, 2017 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation... More
