Kaiser Aluminum (NASDAQ:KALU) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, April 23rd. Analysts expect the company to announce earnings of $1.82 per share for the quarter.
Kaiser Aluminum (NASDAQ:KALU) last posted its earnings results on Wednesday, February 20th. The industrial products company reported $1.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.22. The firm had revenue of $389.00 million during the quarter, compared to analysts’ expectations of $389.90 million. Kaiser Aluminum had a net margin of 5.78% and a return on equity of 14.49%. The company’s revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.22 earnings per share. On average, analysts expect Kaiser Aluminum to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
NASDAQ KALU opened at $105.16 on Tuesday. The company has a quick ratio of 2.15, a current ratio of 3.20 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 16.25 and a beta of 1.01. Kaiser Aluminum has a 12-month low of $83.29 and a 12-month high of $119.66.
In other news, CEO Jack A. Hockema sold 1,500 shares of the business’s stock in a transaction on Friday, January 18th. The shares were sold at an average price of $100.27, for a total value of $150,405.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.20% of the stock is currently owned by insiders.
KALU has been the subject of a number of analyst reports. BidaskClub cut shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 16th. Zacks Investment Research upgraded shares of Kaiser Aluminum from a “sell” rating to a “hold” rating in a research note on Thursday, February 7th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $108.43.
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About Kaiser Aluminum
Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company offers rolled, extruded, and drawn aluminum products used principally for aerospace and defense, automotive, consumer durables, electronics, electrical, and machinery and equipment applications.
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