Kaiser Aluminum Corp reports results for the quarter ended December 31 - Earnings Summary

Reuters
20 Feb
Kaiser Aluminum Corp reports results for the quarter ended December 31 - Earnings Summary
  • Kaiser Aluminum Corp KALU.OQ reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of two analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 46 cents to 82 cents per share.

  • Revenue rose 6.1% to $765.40 million from a year ago; analysts expected $735.15 million.

  • Kaiser Aluminum Corp's reported EPS for the quarter was 43 cents​.

  • The company reported quarterly net income of $7.1 million.

  • Kaiser Aluminum Corp shares had risen by 1.5% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the aluminum peer group is also "hold"

Wall Street's median 12-month price target for Kaiser Aluminum Corp is $81.50

This summary was machine generated from LSEG data February 19 at 11:44 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.64

0.33

Missed

Sep. 30 2024

0.83

0.51

Missed

Jun. 30 2024

0.91

0.65

Missed

Mar. 31 2024

0.57

1.02

Beat

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