secwatch.observer — SEC 8-K summary
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Issuer:     KAISER ALUMINUM CORP (KALU)
CIK:        0000811596
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0000950170-24-047654
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811596/000095017024047654/0000950170-24-047654-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811596/000095017024047654/kalu-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-047654

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