For FY26, the company now expects Conversion Revenue to improve by 10% to 15% and raises the Adjusted EBITDA outlook to improve by 20% to 30% year-over-year. The increase in Adjusted EBITDA is due to stronger demand, favorable pricing, an improved mix within the Company’s packaging operations, and consistent execution across the portfolio, along with metal lag gains.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KALU:
- KALU Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Kaiser Aluminum initiated with an Overweight at KeyBanc
- Kaiser Aluminum price target raised to $137 from $125 at Wells Fargo
- Kaiser Aluminum Declares Quarterly Dividend, Signals Ongoing Confidence
- Trump Trade: U.S. strengthens tariffs on steel, aluminum, copper imports