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Kaiser Aluminum Corporation Q2 adjusted earnings Beat Estimates

Kaiser Aluminum Corporation (KLUCQ.OB) released earnings for second quarter that declined from the same period last year.

The company's bottom line came in at $19 million, or $1.18 per share. This compares with $21 million, or $1.22 per share, in last year's second quarter.

Excluding items, Kaiser Aluminum Corporation reported adjusted earnings of $23 million or $1.40 per share for the period.

Analysts had expected the company to earn $1.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.6% to $375 million from $415 million last year.

Kaiser Aluminum Corporation earnings at a glance:

-Earnings (Q2): $23 Mln. vs. $28 Mln. last year.
-EPS (Q2): $1.40 vs. $1.68 last year.
-Analysts Estimate: $1.31
-Revenue (Q2): $375 Mln vs. $415 Mln last year.

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