secwatch.observer — SEC 8-K summary
======================================

Issuer:     KAISER ALUMINUM CORP (KALU)
CIK:        0000811596
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0000950170-22-019738
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaiser Aluminum Q3 adj. EPS $0.60; Warrick/Trentwood issues resolved, Q4 outlook improves
--------------------------------------------------------------------------------

- Adjusted EBITDA $31M (8.8% margin) vs $50M (16.5%) prior year; impacted by $24M supply chain costs.
- Warrick magnesium/metal supply issues resolved and Trentwood planned outage completed; capacity fully restored.
- Q4 adjusted EBITDA and margin expected similar to first half 2022, indicating improvement from Q3.
- Reported net income $3M ($0.16 diluted EPS); adjusted net income $10M ($0.60 diluted EPS).
- Cash $129M; no revolver borrowings; full-year capex outlook lowered to $165-175M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811596/000095017022019738/0000950170-22-019738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811596/000095017022019738/kalu-20221019.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-019738

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer