Kaiser Aluminum Corporation Reports First Quarter 2021 Financial Results
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Kaiser Aluminum (KALU) Tops Q1 EPS by 5c
April 28, 2021 4:56 PM EDTKaiser Aluminum (NASDAQ: KALU) reported Q1 EPS of $0.64, $0.05 better than the analyst estimate of $0.59. Revenue for the quarter came in at $324 million versus the consensus estimate of $337.35 million.
Outlook:
Prior to completion of the acquisition, our outlook for the full year 2021 anticipated total value added revenue up 5% to 10% year-over-year and an adjusted EBITDA margin comparable to 2020 driven by strong growth in automotive, defense and general engineering applications. With the acquisition of Warrick now completed, we have updated the full year outlook for 2021 to reflect approximately $375 million to $400... More
