|Bid||69.23 x 800|
|Ask||69.95 x 1100|
|Day's Range||67.40 - 70.78|
|52 Week Range||54.54 - 117.06|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||29.65|
|Earnings Date||Oct 21, 2020 - Oct 26, 2020|
|Forward Dividend & Yield||2.68 (4.05%)|
|Ex-Dividend Date||Jul 23, 2020|
|1y Target Est||75.00|
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Kaiser Aluminum...
Ladies and gentlemen, thank you for standing by, and welcome to the Kaiser Aluminum Second Quarter 2020 Earnings Conference Call. If you have not seen a copy of our earnings release, please visit the Investor Relations page on our website at kaiseraluminum.com. Joining me on the call today are Chief Executive Officer and Chairman, Jack Hockema; President and Chief Operating Officer, Keith Harvey; Senior Vice President and Chief Financial Officer, Neal West; and Vice President and Chief Accounting Officer, Jennifer Huey.
Shares of Kaiser Aluminum (NASDAQ:KALU) fell 1.47% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 74.29% year over year to $0.36, which beat the estimate of ($0.04).Revenue of $275,700,000 declined by 26.54% from the same period last year, which beat the estimate of $263,900,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.View more earnings on KALUKaiser Aluminum hasn't issued any revenue guidance for the time being.Technicals 52-week high: $117.06Company's 52-week low was at $54.54Price action over last quarter: down 1.59%Company Description Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The firm purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. The company hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the US and Canada.See more from Benzinga * Earnings Scheduled For July 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.