secwatch.observer — SEC 8-K summary
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Issuer:     KAISER ALUMINUM CORP (KALU)
CIK:        0000811596
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000950170-24-086093
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaiser Aluminum Q2 net income $3M, adj. EBITDA $54M; guides FY conversion revenue flat to up 1%
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- Net sales $773M, conversion revenue $369M; net income $3M ($0.19 diluted EPS); adjusted EPS $0.65.
- Adjusted EBITDA $54M, margin 14.5% vs 16.8% a year ago; impacted by $9M non-cash LIFO charge.
- Aerospace/high strength conversion revenue up 2% YoY; packaging down 11% due to Warrick outage.
- FY2024 guidance: conversion revenue flat to up 1%, adj. EBITDA margin improve 50-100 bps over 2023.
- Quarterly dividend $0.77/share declared, payable Aug 15, record Jul 25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811596/000095017024086093/0000950170-24-086093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811596/000095017024086093/kalu-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086093

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