Kaiser Aluminum Corp.reported net income for the second quarter of $19 million or $0.98 per share, compared to $21 million or $1.09 per share for the year-ago quarter.
Excluding items, adjusted net income for the second quarter was $17 million or $0.91 per share, compared to $20 million or $1.06 per share in the prior year quarter.
Net sales for the second quarter fell to $328.9 million from $345.2 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $0.94 per share on revenue of $352.57 million for the second quarter. Analysts' estimates typically exclude special items.
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