Kaiser Aluminum Corporation reports results for the quarter ended September 30 - Earnings Summary

• Kaiser Aluminum Corporation reported quarterly adjusted earnings of $1.89​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.86. The mean expectation of four analysts for the quarter was for earnings of $2.36 per share. Wall Street expected results to range from $2.08 to $2.83 per share.

• Revenue rose 44% to $1.21 billion from a year ago; analysts expected $1.21 billion.

• Kaiser Aluminum Corporation's reported EPS for the quarter was $1.84​.

• The company reported quarterly net income of $31 million.

• Kaiser Aluminum Corporation shares had risen by 5.3% this quarter and gained 32.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 14% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the aluminum peer group is "buy."

• Wall Street's median 12-month price target for Kaiser Aluminum Corporation is $181.00, about 14.9% above its last closing price of $153.95

This summary was machine generated from LSEG data October 21 at 10:24 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)