Kaiser Aluminum Q2 2024 Adj EPS $0.65 Misses $0.91 Estimate, Sales $773.400M Miss $773.650M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kaiser Aluminum (NASDAQ:KALU) reported Q2 2024 earnings per share of $0.65, missing the analyst estimate of $0.91 by 28.57%. Sales were $773.4 million, slightly below the $773.65 million estimate and down 5% from the same period last year.
July 24, 2024 | 8:33 pm
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Kaiser Aluminum reported Q2 2024 earnings per share of $0.65, missing the analyst estimate of $0.91 by 28.57%. Sales were $773.4 million, slightly below the $773.65 million estimate and down 5% from the same period last year.
The significant miss on EPS and slight miss on sales, combined with a year-over-year sales decline, are likely to negatively impact KALU's stock price in the short term.
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