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Monday, July 29, 2019

-=AK Steel (AKS) reported earnings on Mon 29 July 2019 (a/h)

AK Steel beats by $0.15, misses on revs; guides FY19 EPS above consensus
  • Reports Q2 (Jun) earnings of $0.21 per share, $0.15 better thanthe S&P Capital IQ Consensus of $0.06; revenues fell 3.8% year/year to $1.68 bln vs the $1.73 bln S&P Capital IQ Consensus.
  • Co issues upside guidancefor FY19, sees EPS of $0.37-0.44, excluding non-recurring items, vs. $0.33 S&P Capital IQ Consensus.
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