Kaiser Aluminum (NASDAQ:KALU) Posts Quarterly Earnings Results, Misses Estimates By $0.30 EPS

Kaiser Aluminum (NASDAQ:KALU) posted its quarterly earnings data on Wednesday. The industrial products company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.30), RTT News reports. The company had revenue of $765.40 million for the quarter, compared to analyst estimates of $752.00 million. Kaiser Aluminum had a net margin of 1.55% and a return on equity of 6.26%. During the same quarter in the prior year, the business earned $0.60 EPS.

Kaiser Aluminum Stock Performance

Shares of NASDAQ KALU opened at $74.08 on Friday. Kaiser Aluminum has a one year low of $62.83 and a one year high of $102.42. The business’s 50-day moving average price is $71.48 and its two-hundred day moving average price is $73.31. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.60 and a quick ratio of 1.36. The company has a market capitalization of $1.19 billion, a P/E ratio of 25.81 and a beta of 1.34.

Kaiser Aluminum Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 24th were paid a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend was Friday, January 24th. Kaiser Aluminum’s dividend payout ratio is presently 107.32%.

Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation, together with its subsidiaries, engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. It offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products.