---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-047654"
form_type: "8-K"
ticker: "KALU"
cik: "0000811596"
company_name: "KAISER ALUMINUM CORP"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:34:55.894501+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kaiser Aluminum Q1 net income $25M ($1.51 EPS), adj. EPS $1.02, adj. EBITDA $62M, margins improve

## Summary
- Net sales $738M; conversion revenue $367M, down 1% YoY but up 2% per pound.
- Adjusted EBITDA $62M (+$16M YoY); margin 17.0% vs 12.7% in Q1 2023.
- Aerospace/high strength conversion revenue +12% YoY on 8% volume growth.
- Packaging conversion revenue -11% YoY on 7% volume decline from destocking.
- Maintains 2024 outlook: conversion revenue +2-3%, EBITDA margin +70-170 bps.

## SEC filing metadata
- accession: 0000950170-24-047654
- form_type: 8-K
- ticker: KALU
- cik: 0000811596
- company_name: KAISER ALUMINUM CORP
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811596/000095017024047654/0000950170-24-047654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811596/000095017024047654/kalu-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-047654
- JSON: https://secwatch.observer/filing/0000950170-24-047654.json
- Plain text: https://secwatch.observer/filing/0000950170-24-047654.txt

## Key facts
- Earnings Releases
  KAISER ALUMINUM CORP reported the quarter ended March 31, 2024 results: revenue $738 million, net income $25 million, EPS $1.51 per diluted share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $738 million
  - Net income: $25 million
  - EPS: $1.51 per diluted share
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: Kaiser Aluminum Corporation Reports First Quarter 2024 Financial Results First Quarter 2024 Highlights: o Net Sales $738 Million; Conversion Revenue $367 Million o Net Income $25 Million; Net Income per Diluted Share $1.51 o Adjusted Net Income $17 Million; Adjusted Net Income per Diluted Share $1.02 o Adjusted EBITDA $62 Million; Adjusted EBITDA Margin 17.0% o Improved Cost Controls and Operating Efficiencies Across the Platform o Maintaining Full Year 2024 Outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/811596/000095017024047654/0000950170-24-047654-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.