Kaiser Aluminum is trading 6.47% lower at $143.99 after its October 21 earnings release, as third-quarter adjusted EPS missed the cited estimate.
- Adjusted EPS was $1.89 versus the cited $2.36 estimate; revenue was broadly in line.
- Management maintained its 2026 adjusted EBITDA growth outlook of 45%–55%, but expects results toward the lower end.
- Management cited operational outages, execution, customer inventory alignment, and metal-related headwinds; broader risk-off markets may add pressure.