* Kaiser Aluminum Corp reported quarterly adjusted earnings of 51 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 46 cents. The mean expectation of two analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 67 cents to 99 cents per share.
* Revenue rose 0.6% to $747.70 million from a year ago; analysts expected $773.85 million.
* Kaiser Aluminum Corp's reported EPS for the quarter was 74 cents.
* The company reported quarterly net income of $12 million.
* Kaiser Aluminum Corp shares had fallen by 1.4% this quarter and gained 0.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
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 $78.00 This summary was machine generated from LSEG data October 24 at 03:04 a.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
Sep. 30 2024 0.83 0.51 Missed
Jun. 30 2024 0.91 0.65 Missed
Mar. 31 2024 0.57 1.02 Beat
Dec. 31 2023 -0.12 0.60 Beat
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