Kaiser Aluminum (KALU) Lags Q2 Earnings and Revenue Estimates

Kaiser Aluminum (KALU) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items. Kaiser shares have added about 36.6% since the beginning of the year versus the S&P 500's gain of 16.5%. Ahead of this earnings release, the estimate revisions trend for Kaiser: unfavorable. While the magnitude and direction of estimate revisions could change following ...