KALU Stock Recent News

FRANKLIN, Tenn., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) today announced that it plans to release its fourth quarter and full year 2023 financial and operating results on Wednesday, February 21, 2024 after the market closes. The Company will host its quarterly conference call on Thursday, February 22, 2024, at 9:00 a.m. Central Time.

Kaiser Aluminum Corporation (NASDAQ:KALU ) Q3 2023 Earnings Call Transcript October 26, 2023 10:00 AM ET Company Participants Kim Orlando - IR, ADDO IR Keith Harvey - President and CEO Neal West - EVP and CFO Conference Call Participants Timna Tanners - Wolfe Research Bill Peterson - JPMorgan Operator Greetings, and welcome to the Kaiser Aluminum Corporation's Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Kaiser Aluminum (KALU) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.16 per share a year ago.

Revenues are expected to decline by 7% in 2023 due to customer destocking and weak demand but will start slowly recovering in 2024. Profit margins have recently improved significantly, and the company is already reporting positive net income. The company is profitable again and is converting its very high inventories into actual cash.

FRANKLIN, Tenn., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, today announced that it plans to release its third quarter 2023 financial and operating results on Wednesday, October 25, 2023 after the market closes. The Company will host its quarterly conference call on Thursday, October 26, 2023, at 9:00 a.m. Central Time.

Kaiser Aluminum Corporation's upcoming earnings report is expected to show a decrease in aluminum prices, but the future outlook remains positive, with the potential for raised guidance for 2023. Despite a decrease in aluminum prices, KALU has maintained a solid record of revenue growth, with Q1 2023 revenue at $369 million, largely due to a focus on packaging. Risks for KALU include potential increases in leverage and fluctuations in commodity prices, but the company's dividend nearing 4% and efficient revenue conversion make it a recommended buy.

FRANKLIN, Tenn., April 12, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength, packaging, automotive extrusions, general engineering and other industrial applications, today announced that it plans to release its first quarter 2023 financial and operating results on Wednesday, April 26, 2023 after the market closes. The Company will host its quarterly conference call on Thursday, April 27, 2023, at 9:00 a.m. Central Time.

Kaiser Aluminum Corp (NASDAQ:KALU ) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET Company Participants Kimberly Orlando - SVP, ADDO Investor Relations Keith Harvey - CEO, President & Director Neal West - EVP & CFO Conference Call Participants Timna Tanners - Wolfe Research Emily Chieng - Goldman Sachs Group Operator Greetings, and welcome to the Kaiser Aluminum Corporation Fourth Quarter and Full Year 2022 Earnings Conference Call. [Operator Instructions].

FRANKLIN, Tenn., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NASDAQ: KALU) (the “Company”), a leading producer of semi-fabricated specialty aluminum products serving customers worldwide with highly-engineered solutions for aerospace and high-strength (“Aero/HS products”), aluminum beverage and food packaging (“Packaging”), general engineering (“GE products”), custom automotive (“Automotive Extrusions”) and other industrial (“Other Products”) applications, today announced that it plans to release its fourth quarter and full year 2022 financial and operating results on Wednesday, February 22, 2023, after the market closes. The Company will host its quarterly conference call to discuss financial and operating results on Thursday, February 23, 2023, at 10:00 a.m. (Central Time).

Flattish third-quarter 2022 growth could be unwinded as operating challenges are resolved. Kaiser Aluminum is well-allocated to meet secular demand, with capacity expansion in the pipeline.