Kaiser Aluminum

Kaiser Aluminum Corp. engages in the manufacture and sale of semi-fabricated specialty aluminum products. The firm caters to the aerospace, general engineering, automotive, and custom industrial applications industries. Its products include plate, sheet, coil, hard alloy shapes, soft alloy extrusions, seamless and structural extruded, drawn tube, hard alloy rod, bar, wire and forge stock. The company was founded by Henry J. Kaiser in 1946 and is headquartered in Foothill Ranch, CA.

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Kaiser Aluminum navigates challenges, focuses on cost management for growth

Kaiser Aluminum faced challenges in Q4 2022 due to Warrick operations but showed resilience in liquidity and progress at Warrick.
Despite a decrease in full-year Adjusted EBITDA, the company is focused on improvement and cost management for profitability in 2023.
Opportunities lie in contract negotiations, operational enhancements, and strategic cost management initiatives.
The company remains vigilant in monitoring input costs and aligning pricing strategies for sustainable growth.

Kaiser Aluminum reports robust Q1 earnings, eyes aerospace growth

Kaiser Aluminum (KALU) delivered a strong Q1 2023 performance driven by pricing traction, demand trends, and cost reduction efforts. The company maintains a healthy liquidity position and is optimistic about the outlook for Q2 2023. Challenges lie in managing EBITDA margins and addressing questions on investment and demand trends.

Kaiser Aluminum reports robust Q2 earnings, eyes aerospace growth

Kaiser Aluminum delivered strong Q2 2023 results with notable EBITDA growth and improved margins.
While facing challenges in packaging and general engineering, the company's focus on aerospace and strategic initiatives offer growth prospects.
Maintaining liquidity and prudent financial management will be crucial amidst capital expenditure plans and segment-specific challenges.
Overall, Kaiser Aluminum's performance reflects resilience and strategic positioning for future growth opportunities.

Kaiser Aluminum faces Q3 challenges but eyes aerospace growth

Kaiser Aluminum faces challenges from destocking and inflationary costs in Q3 2023, impacting financial performance. However, the company's strategic focus on sustainability and growth initiatives, along with opportunities in aerospace demand and business stabilization, position it for future success.

Kaiser Aluminum reports strong 2023 results and strategic growth outlook

Kaiser Aluminum's strong Q4 performance and record 2023 results reflect operational excellence and market resilience. The company's strategic investments in capacity expansion and customer relationships position it for growth in aerospace and engineering markets.
Challenges in packaging and inflationary pressures are being addressed through operational efficiencies and strategic planning. Opportunities in multi-year contracts, market expansion, and margin enhancement pave the way for sustained profitability and growth.
Despite uncertainties in market responses and external factors, Kaiser Aluminum's focus on customer service, operational improvements, and strategic investments underscores its commitment to long-term success. The outlook for 2024 signals a positive trajectory for the company's performance and market positioning.
Balancing challenges with opportunities, Kaiser Aluminum aims to navigate market dynamics and drive profitability through efficient operations and strategic investments. The company's focus on enhancing capacity, customer relationships, and profitability sets the stage for continued success and growth.

Kaiser Aluminum surpasses Q1 expectations, eyes revenue growth in 2024

Kaiser Aluminum delivered strong financial results in Q1 2024, with a focus on operational efficiency and financial discipline. The company aims to optimize its capital structure and drive revenue growth across key segments while maintaining a prudent approach to debt management.

Kaiser Aluminum reports Q2 2024 performance, faces segment challenges

Kaiser Aluminum navigated mixed performance in Q2 2024 with strong demand in certain segments but challenges in others. The company's focus on liquidity and operational adjustments will be crucial for sustaining growth and profitability in the coming quarters.

Kaiser Aluminum reports solid Q3 performance, eyes growth opportunities

Kaiser Aluminum's Q3 performance reflects stability and progress towards revenue goals. Strong leadership, diversified market presence, and financial transparency are key strengths. Challenges include industry-specific issues and external uncertainties, while opportunities exist in market expansion and operational enhancements.

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Kaiser Aluminum Corp. engages in the manufacture and sale of semi-fabricated specialty aluminum products. The firm caters to the aerospace, general engineering, automotive, and custom industrial applications industries. Its products include plate, sheet, coil, hard alloy shapes, soft alloy extrusions, seamless and structural extruded, drawn tube, hard alloy rod, bar, wire and forge stock. The company was founded by Henry J. Kaiser in 1946 and is headquartered in Franklin, TN.

FRANKLIN, Tenn., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NYSE: KALU) (“Kaiser” or the “Company”), today announced that Keith Harvey, President and Chief Executive Officer, will participate in the Wolfe Research Inaugural Reshoring Conference on Monday, December 4, 2023. Mr. Harvey is scheduled to present at 1:55 p.m. CT and will participate in virtual meetings with investors throughout the day.

Kaiser Aluminum Corporation to Participate in the Wolfe Research Inaugural Reshoring Conference

FRANKLIN, Tenn., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NYSE: KALU) (“Kaiser” or the “Company”), today announced that Keith Harvey, President and Chief Executive Officer, will participate in Baird's 2023 Global Industrial Conference on Thursday, November 9, 2023 at The Ritz-Carlton in Chicago, Illinois. Mr. Harvey is scheduled to present at 2:20 p.m. CT and will participate in meetings with investors throughout the day.

Kaiser Aluminum Corporation to Participate in Baird's 2023 Global Industrial Conference

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 Corporation (KALU) Q3 2023 Earnings Call Transcript

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.

Kaiser Aluminum (KALU) Beats Q3 Earnings Estimates

Third Quarter 2023 Highlights: Net Sales $744 Million; Conversion Revenue $357 Million Net Income $5 Million; Net Income per Diluted Share $0.34 Adjusted Net Income $7 Million; Adjusted Income per Diluted Share $0.46 Adjusted EBITDA $48 Million; Adjusted EBITDA Margin 13.3% Aerospace Conversion Revenue in-line with Expectations on Strengthened Demand Continued Strong Liquidity of $574 Million as of September 30, 2023 FRANKLIN, Tenn., Oct. 25, 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 third quarter 2023 results.

Kaiser Aluminum Corporation Reports Third Quarter 2023 Financial Results

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.

Kaiser Aluminum: Investor Pessimism Has Left An Appealing 4.6% Dividend Yield On Cost

FRANKLIN, Tenn., Oct. 11, 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 published its 2022 Sustainability Report summarizing the Company's focus and initiatives around its environmental, social and governance (“ESG”) program. The report is available on the Company's website at https://www.kaiseraluminum.com/community-environment/.

Kaiser Aluminum Corporation Publishes 2022 Sustainability Report

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 Announces Third Quarter 2023 Earnings Release and Conference Call

Kaiser Aluminum Corporation (NASDAQ:KALU ) Q2 2023 Results Earnings Conference Call July 26, 2023 11:00 AM ET Company Participants Kimberly Orlando - Investor Relations, ADDO Investor Relations Keith Harvey - President and Chief Executive Officer Neal West - Executive Vice President and Chief Financial Officer Conference Call Participants Timna Tanners - Wolfe Research Josh Sullivan - The Benchmark Company Bill Peterson - J.P. Morgan Operator Greetings and welcome to the Kaiser Aluminum Corporation Second Quarter 2023 Earnings Conference Call.

Kaiser Aluminum Corporation (KALU) Q2 2023 Earnings Call Transcript

Second Quarter 2023 Highlights: Net Sales $814 Million; Conversion Revenue $379 Million Net Income $18 Million; Net Income per Diluted Share $1.14 Adjusted Net Income $20 Million; Adjusted Income per Diluted Share $1.26 Adjusted EBITDA $64 Million; Adjusted EBITDA Margin 16.8% Aerospace Shipments and Conversion Revenue Exceeded Expectations on Strengthened Demand Liquidity Remained Strong at $558 Million as of June 30, 2023 FRANKLIN, Tenn., July 25, 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 second quarter 2023 results.

Kaiser Aluminum Corporation Reports Second Quarter 2023 Financial Results

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.

Kaiser Aluminum: Time To Get In Before The Earnings, Rating Buy

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FRANKLIN, Tenn., July 11, 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 second quarter 2023 financial and operating results on Tuesday, July 25, 2023 after the market closes. The Company will host its quarterly conference call on Wednesday, July 26, 2023, at 10:00 a.m. Central Time.

Kaiser Aluminum Announces Second Quarter 2023 Earnings Release and Conference Call

FRANKLIN, Tenn., June 07, 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 the appointment of Vijai Narayan to Vice President and Chief Accounting Officer, effective June 7, 2023, in connection with the Company's recent relocation of its corporate headquarters to Franklin, TN. Mr. Narayan previously served as the Company's Vice President – Finance since November 2022. As part of the planned transition, Jennifer Huey, the Company's immediate past Vice President and Chief Accounting Officer, stepped down from her position and will continue to assist Mr. Narayan through the transition.

Kaiser Aluminum Corporation Announces New Chief Accounting Officer

FRANKLIN, Tenn., May 17, 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 union members at the Company's Warrick rolling mill (“Warrick”) in Evansville, Indiana have ratified a new four-year labor agreement. The agreement with the United Steelworkers Local 104 (“USW”), which affects approximately 850 USW-represented employees, was effective on May 15, 2023, and extends through May 15, 2027.

Kaiser Aluminum Corporation Announces the United Steelworkers Ratification of a New Four-Year Labor Agreement at its Warrick Rolling Mill

Kaiser Aluminum Corp (KALU) Q1 2023 Earnings Call Transcript.

Kaiser Aluminum Corp (KALU) Q1 2023 Earnings Call Transcript

First Quarter 2023 Highlights: Net Sales $808 Million; Conversion Revenue $369 Million Net Income $16 Million; Net Income per Diluted Share $0.99 Adjusted Net Income $7 Million; Adjusted Income per Diluted Share $0.42 Adjusted EBITDA $47 Million; Adjusted EBITDA Margin 12.7% Aerospace Demand Continued to Strengthen; Shipments and Conversion Revenue Exceeded Expectations Liquidity Remained Strong at $546 Million as of March 31, 2023 FRANKLIN, Tenn., April 26, 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 first quarter results.

Kaiser Aluminum Corporation Reports First Quarter 2023 Financial Results

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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 Announces First Quarter 2023 Earnings Release and Conference Call

FRANKLIN, Tenn., March 07, 2023 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (NYSE: KALU) (“Kaiser” or the “Company”), today announced that Keith Harvey, President and Chief Executive Officer, will participate in the J.P. Morgan 2023 Industrials Conference on Tuesday, March 14, 2023 at 383 Madison Avenue in New York City. Mr. Harvey is scheduled to present at 9:40 a.m. ET and will participate in meetings with investors throughout the day.

Kaiser Aluminum Corporation to Participate in the J.P. Morgan 2023 Industrials Conference

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].

Kaiser Aluminum Corp (KALU) Q4 2022 Earnings Call Transcript

Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2022 Financial Results

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).

Kaiser Aluminum Corporation Announces Date of Fourth Quarter and Full Year 2022 Earnings Release and Conference Call and Changes to Presentation of Non-GAAP Financial Measures

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.

Wait To See How Warrick Should Unroll The Performance Of Kaiser Aluminum

FRANKLIN, Tenn., Dec. 29, 2022 (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, custom automotive, general engineering and other industrial applications, today published its 2021 Sustainability Report summarizing the Company's focus and initiatives around its environmental, social and governance (“ESG”) programming and development as it continues to manage its business for long-term success in a manner that is economically, environmentally and socially responsible. The report is available on the Company's website at https://www.kaiseraluminum.com/community-environment/.

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