Kaiser Aluminum Corporation Earnings Fall 17% In Q2

(RTTNews) - Kaiser Aluminum Corporation (KLUCQ.OB) revealed a profit for second quarter that declined from last year.

The company said its profit declined to $19 million, or $1.02 per share. This was lower than $23 million, or $1.27 per share, in last year's second quarter.

Analysts had expected the company to earn $1.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.7% to $335 million. This was down from $367 million last year.

Kaiser Aluminum Corporation earnings at a glance:

-Earnings (Q2): $19 Mln. vs. $23 Mln. last year. -Earnings Decline (Y-o-Y): -17.4% -EPS (Q2): $1.02 vs. $1.27 last year. -EPS Decline (Y-o-Y): -19.7% -Analysts Estimate: $1.38 -Revenue (Q2): $335 Mln vs. $367 Mln last year. -Revenue Change (Y-o-Y): -8.7%