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Kaiser Aluminum (KALU) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Edited by : AL CIRCLE
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Kaiser Aluminum (KALU) announced its quarterly results on Monday. The company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.01. The company’s quarterly revenue was up 22.4% on a year-over-year basis.
On a related note, analysts at Stifel Nicolaus initiated coverage on shares of Kaiser Aluminum in a research note to investors on Friday, September 16th. They set a “buy” rating and a $62.00 price target on the stock.
Shares of Kaiser Aluminum (KALU) traded up 2.24% during mid-day trading on Monday, hitting $46.06. Kaiser Aluminum (KALU) has a 52 week low of $40.72 and a 52 week high of $57.29. The stock’s 50-day moving average is $48.47 and its 200-day moving average is $50.12. The company has a market cap of $875.2 million and a price-to-earnings ratio of 41.10.
Kaiser Aluminum Corporation (Kaiser) is a semi-fabricated specialty aluminum products manufacturing company. The Company operates through one operating segment in the aluminum industry, Fabricated Products, and three business units, collectively referred to as all other, which consists of secondary aluminum, hedging, and corporate and other.
On a related note, analysts at Stifel Nicolaus initiated coverage on shares of Kaiser Aluminum in a research note to investors on Friday, September 16th. They set a “buy” rating and a $62.00 price target on the stock.
Shares of Kaiser Aluminum (KALU) traded up 2.24% during mid-day trading on Monday, hitting $46.06. Kaiser Aluminum (KALU) has a 52 week low of $40.72 and a 52 week high of $57.29. The stock’s 50-day moving average is $48.47 and its 200-day moving average is $50.12. The company has a market cap of $875.2 million and a price-to-earnings ratio of 41.10.
Kaiser Aluminum Corporation (Kaiser) is a semi-fabricated specialty aluminum products manufacturing company. The Company operates through one operating segment in the aluminum industry, Fabricated Products, and three business units, collectively referred to as all other, which consists of secondary aluminum, hedging, and corporate and other.
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