Kaiser Aluminum Corporation Q3 adjusted earnings Miss Estimates

(RTTNews) - Kaiser Aluminum Corporation (KLUCQ.OB) reported a profit for its third quarter that rose from the same period last year.

The company's profit came in at $22 million, or $1.29 per share. This compares with $20 million, or $1.16 per share, in last year's third quarter.

Excluding items, Kaiser Aluminum Corporation reported adjusted earnings of $24 million or $1.43 per share for the period.

Analysts had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.0% to $393 million from $333 million last year.

Kaiser Aluminum Corporation earnings at a glance:

-Earnings (Q3): $24 Mln. vs. $16 Mln. last year. -EPS (Q3): $1.43 vs. $0.90 last year. -Analysts Estimate: $1.55 -Revenue (Q3): $393 Mln vs. $333 Mln last year.