Welcome to our dedicated page for Kaiser Aluminum news (Ticker: KALU), a resource for investors and traders seeking the latest updates and insights on Kaiser Aluminum stock.
Kaiser Aluminum Corporation (NASDAQ: KALU) is a manufacturer of semi-fabricated specialty aluminum products headquartered in Franklin, Tennessee. The company serves customers worldwide with value-added plate, sheet, coil, extrusions, rod, bar, tube, and wire products produced at its North American facilities. Its aluminum mill products support aerospace and high-strength, packaging, general engineering, automotive extrusions, and other industrial applications, and its stock is included in the Russell 2000 and S&P Small Cap 600 indexes.
This news page aggregates company-specific updates that Kaiser Aluminum releases through press announcements and SEC-referenced communications. Readers can follow information about quarterly and annual financial results, including metrics such as net sales, shipments, conversion revenue, operating income, net income, and adjusted EBITDA, as well as commentary on end-market performance in aerospace/high strength, packaging, general engineering, automotive extrusions, and other product categories.
News for KALU also covers capital structure and liquidity developments, such as amendments and extensions of the company’s senior secured revolving credit facility, the pricing and closing of senior notes due 2034, and the intended use of proceeds to redeem existing senior notes due 2028. Corporate governance and leadership items appear in the form of announcements about director appointments and changes in executive roles in sales, marketing, and manufacturing.
In addition, Kaiser Aluminum regularly issues press releases on quarterly cash dividend declarations, specifying per-share amounts, record dates, and payment dates. By monitoring this news feed, investors and observers can track how the company communicates its financial performance, financing transactions, dividend actions, and management changes over time.
Kaiser Aluminum Corporation (NASDAQ:KALU) reported a net loss of $19 million for 2021 on net sales of $2.6 billion, a 123% increase from 2020. Adjusted net income was $39 million, yielding adjusted EPS of $2.40. Supply chain disruptions and labor constraints impacted results, while the acquisition of the Warrick Rolling Mill marked a strategic milestone. The company increased its dividend by 7.0% to $0.77/share, reflecting its commitment to shareholder value. Expectations for 2022 include a 20-25% rise in value-added revenue and improved EBITDA margins of 17-20% as market conditions stabilize.
Kaiser Aluminum Corporation (NASDAQ:KALU) will announce its fourth quarter and full year 2021 financial results on February 23, 2022, after market close. The company will host a quarterly conference call on February 24, 2022, at 10:00 a.m. Pacific Time. Interested parties can access the call using the provided phone numbers or via the company's website. Kaiser Aluminum is a leading producer of semi-fabricated specialty aluminum products for various sectors, including aerospace and automotive, and is part of the Russell 2000 and S&P Small Cap 600 indices.
Kaiser Aluminum Corporation (NASDAQ: KALU) declared a quarterly cash dividend of $0.77 per share, marking a 7% increase over the previous quarter. The dividend is payable on February 15, 2022, to shareholders of record by January 24, 2022. CEO Keith A. Harvey emphasized the Board's decision reflects confidence in the company's long-term outlook and opportunities for shareholder value. Kaiser Aluminum continues to focus on sustainable growth, capital investments, and consistent cash flow generation to enhance its market position.
Kaiser Aluminum Corporation (NASDAQ:KALU) announced that its CEO, Keith A. Harvey, will present at the Goldman Sachs Global Metals & Mining Conference on November 18, 2021, at 1:00 PM Eastern Time. The presentation will be virtual, followed by meetings with investors throughout the day. A live webcast will be available on the Company’s website, along with an audio archive for 30 days post-event. Kaiser Aluminum, based in Foothill Ranch, California, specializes in semi-fabricated specialty aluminum products for various industries and is listed in the Russell 2000® and S&P Small Cap 600® indices.
Kaiser Aluminum Corporation (NASDAQ:KALU) reported strong third-quarter 2021 results with net sales of $751 million, up from $256 million YoY. However, the company faced a net loss of $2 million or $0.14 per diluted share. Adjusted net income rose to $9 million ($0.57 per diluted share), reflecting robust demand and integration of the Warrick operation. Nonetheless, supply chain disruptions and rising costs impacted adjusted EBITDA, which stood at $50 million (16.5% margin). For the first nine months, net sales reached $1,816 million, despite challenges with semiconductor shortages affecting automotive revenue. Outlook remains cautious due to ongoing cost pressures.
Kaiser Aluminum Corporation (NASDAQ:KALU) announced a quarterly cash dividend of $0.72 per share, payable on November 15, 2021, to shareholders of record on October 25, 2021. Headquartered in Foothill Ranch, California, Kaiser Aluminum is a leading producer of semi-fabricated specialty aluminum products. The company operates facilities in North America, focusing on engineered solutions for various industries including aerospace and automotive. It is also listed in the Russell 2000® and S&P Small Cap 600® indices.
Kaiser Aluminum Corporation (NASDAQ:KALU) will release its Q3 and 9-month financial results on October 20, 2021, after market close. A conference call to discuss these results will be held on October 21, 2021, at 10:00 a.m. PT. Interested parties can access the call at (800) 697-5978 in the U.S. and (630) 691-2750 internationally, using ID 6914988. The Company specializes in semi-fabricated specialty aluminum products and is a key player in sectors such as aerospace and automotive.
Kaiser Aluminum Corporation (NASDAQ:KALU) announced the appointment of Michael C. Arnold and Kevin W. Williams as independent directors. Arnold, previously CEO of Ryerson Inc., brings extensive metal industry experience, while Williams is the CEO of GAA Manufacturing, offering insights into supply chain management and the automotive sector. Their expertise is expected to enhance Kaiser Aluminum's leadership, as highlighted by Executive Chairman Jack A. Hockema. The company continues to focus on providing high-quality aluminum products across various industries.
Kaiser Aluminum Corporation (NASDAQ: KALU) reported Q2 2021 net sales of $741 million, marking a 184% increase year-over-year. Despite this growth, the company posted a net loss of $22 million or $1.42 per diluted share, influenced by $36 million in pre-tax charges related to senior note refinancing. Adjusted net income stood at $16 million with an adjusted EBITDA of $59 million. Amid rising costs and integration challenges from the acquisition of Warrick Rolling Mill, Kaiser anticipates improving market trends and a projected $2 billion in value-added revenue by the end of the decade.
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