Kaiser Aluminum Q3 net income $40M ($2.38/diluted); raises FY2025 Adjusted EBITDA outlook

KAISER ALUMINUM CORP

2025-Q3 EPS reported $5.10 revenue$2,444,000,000

Net sales $844M; conversion revenue $351M; adjusted net income $31M ($1.86/diluted).
Adjusted EBITDA $81M (23.2% margin); favorable metal price lag of ~$28M in quarter.
Shipments 270M lbs, down 8% YoY; aero/HS segment shipments fell 30% to 41.8M lbs.
Raises full-year 2025 Adjusted EBITDA outlook to improve 20-25% YoY.
Net debt leverage improved to 3.6x; declared $0.77/share quarterly dividend payable Nov 14.

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