Kaiser Aluminum Q2 sales beat estimates, raises EBITDA outlook

Overview

• Kaiser Aluminum Q2 sales rise to $823 mln, beating analyst expectations

• Adjusted EPS for Q2 beats estimates, reaching $1.21, per LSEG data

• Co raises full-year 2025 adjusted EBITDA outlook, citing strategic growth

Outlook

• Kaiser raises full-year 2025 Adjusted EBITDA outlook by 10% to 15%

• Company expects 5% to 10% increase in 2025 Conversion Revenue

• Progress on strategic growth investments expected to enhance profitability

Result Drivers

• METAL TAILWINDS - Favorable metal price conditions contributed positively to earnings, per CEO Keith A. Harvey

• PRICE INCREASE - Higher average realized sales prices drove net sales growth

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the aluminum peer group is "buy."

• Wall Street's median 12-month price target for Kaiser Aluminum Corp is $74.00, about 24.9% below its July 22 closing price of $92.43

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw1LLW9Xa