Kaiser Aluminium Posts Weak Q3 Results; Shares Fall 5.7%
Yahoo! Finance
Shares of semi-fabricated specialty aluminum products manufacturer Kaiser Aluminum Corporation (KALU) declined 5.7% in extended trade on Wednesday and closed at $107.50 after the company reported weaker-than-expected results for the third quarter ended September 30, 2021. Kaiser Aluminium reported quarterly revenues of $751 million, up significantly from the prior year’s figure of $256 million. The increase in revenues was primarily driven by a 189% rise in shipments and an increase in average s
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