Kaiser Aluminum Corporation (KALU)

Kaiser Aluminum’s adjusted EPS missed consensus while revenue was essentially in line in the third fiscal quarter of 2026, based on preliminary results reported October 21, 2026. Adjusted EPS of $1.89 trailed the $2.37 estimate (-20.3%), even as revenue of $1.214 billion came in line with the $1.213 billion estimate (+0.1%) and rose ~44% year over year from roughly $843.5 million. Operating income was about $55.2 million, while net income fell ~22% to roughly $31.0 million versus about $39.5 million a year ago. Cash generation was negative, with negative operating cash flow of about $147.4 million, and the company paid roughly $26.4 million in dividends during the quarter. For the next period, consensus calls for EPS of $2.45 on revenue of $1.215 billion.