Kaiser Aluminum is trading at $109.45, down 4.18%, after third-quarter adjusted EPS of $1.89 missed the $2.37 analyst estimate.
- Revenue matched expectations at $1.21 billion.
- October 23 reports linked the post-earnings selloff to profit compression and weaker margins; the earnings call also pointed to metal-price effects and operating costs.
- Management maintained its full-year outlook, though one report noted adjusted EBITDA growth was projected near the lower end of guidance.