Kaiser Aluminum Corp. (KALU) Tops Q2 EPS by 18c

Kaiser Aluminum Corp. (NASDAQ: KALU) reported Q2 EPS of $1.05, $0.18 better than the analyst estimate of $0.87. Revenue for the quarter came in at $344 million versus the consensus estimate of $334.89 million.

"We are pleased to report strong second quarter 2014 value added revenue, adjusted EBITDA, and adjusted EBITDA margin," said Jack A. Hockema, President, CEO and Chairman. "In the second quarter we posted another record for heat treat plate and automotive shipments, which, along with improving manufacturing efficiencies, more than offset the impact of lower heat treat plate prices. The throughput and efficiency gains from the Phase 5 expansion at our Spokane (Trentwood), Washington facility exceeded our initial expectations and were key factors driving our improved performance in the quarter."

For earnings history and earnings-related data on Kaiser Aluminum Corp. (KALU) click here.

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