Kaiser Aluminum Corporation Earnings Climb 50% In Q1

(RTTNews) - Kaiser Aluminum Corporation (KLUCQ.OB) announced a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $27.5 million, or $1.51 per share. This was up from $18.3 million, or $1.01 per share, in last year's first quarter.

Analysts had expected the company to earn $1.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.7% to $343.2 million. This was down from $371.7 million last year.

Kaiser Aluminum Corporation earnings at a glance:

-Earnings (Q1): $27.5 Mln. vs. $18.3 Mln. last year. -Earnings Growth (Y-o-Y): 50.3% -EPS (Q1): $1.51 vs. $1.01 last year. -EPS Growth (Y-o-Y): 49.5% -Analysts Estimate: $1.27 -Revenue (Q1): $343.2 Mln vs. $371.7 Mln last year. -Revenue Change (Y-o-Y): -7.7%