Kaiser Aluminum Corporation Reports Second Quarter and First Half 2020 Financial Results
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Kaiser Aluminum (KALU) Tops Q2 EPS by 40c, Revenues Beat
July 22, 2020 4:35 PM EDTKaiser Aluminum (NASDAQ: KALU) reported Q2 EPS of $0.36, $0.40 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $276 million versus the consensus estimate of $263.9 million.
Second Quarter 2020:
Net Sales $276 Million; Value Added Revenue $175 Million, Down 17% Year-over-YearNet Loss $7 Million; Net Loss per Diluted Share $0.41, Includes Pre-tax Restructuring Charges of $12 Million, or $0.57 per Diluted Share After-taxAdjusted Net Income $6 Million; Adjusted Earnings per Diluted Share $0.36Adjusted EBITDA $34 Million; Adjusted EBITDA Margin 19.7%Total Liquidity ~$1.0 BillionSecond Quarter 2020 Highlights
Second quarter shipments and... More
