Kaiser Aluminum (KALU) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 23, 2026 astatine 10:16 AM CDT 24 min read

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Thursday, April 23, 2026 astatine 10 a.m. ET

• Chairman, President, and Chief Executive Officer — Keith A. Harvey

• Executive Vice President and Chief Financial Officer — Neal E. West

• Investor Relations — Kimberly Orlando

Operator: Greetings, and invited to the Kaiser Aluminum Corporation First Quarter 2026 Earnings Conference Call. At this time, each participants are successful a listen-only mode. A little question and reply league volition travel the ceremonial presentation. If anyone should necessitate relation assistance during the conference, arsenic a reminder, this league is being recorded. It is present my pleasance to present your host, Kimberly Orlando, Investor Relations. Thank you. You whitethorn begin.

Kimberly Orlando: Thank you. Hello, everyone, and invited to Kaiser Aluminum Corporation’s First Quarter 2026 Earnings Conference Call. If you person not seen a transcript of our net release, delight sojourn the Investor Relations leafage astatine kaiseraluminum.com. We person besides posted a PDF mentation of the descent presumption for this call. Joining maine connected the telephone contiguous are Chairman, President, and Chief Executive Officer, Keith A. Harvey, and Executive Vice President and Chief Financial Officer, Neal E. West. Before we begin, I would similar to notation you to the archetypal 4 slides of our presumption and punctual you that the statements made by absorption and the accusation contained successful this presumption that represent forward-looking statements are based connected management’s existent expectations.

For a summary of circumstantial hazard factors that could origin results to disagree materially from the forward-looking statements, delight notation to the company’s net merchandise and reports filed with the Securities and Exchange Commission, including the company’s Annual Report connected Form 10-K for the afloat twelvemonth ended 12/31/2025. The institution undertakes nary work to update immoderate forward-looking statements to conform the statements to existent results oregon changes successful the company’s expectations. In addition, we person included non-GAAP fiscal accusation successful our discussion. Reconciliations to the astir comparable GAAP fiscal measures are included successful the net merchandise and successful the appendix of the presentation.

Reconciliations of definite forward-looking non-GAAP fiscal measures to comparable GAAP fiscal measures are not provided due to the fact that definite items required for specified reconciliations are extracurricular of our power and cannot beryllium reasonably predicted oregon provided without unreasonable effort. Any notation to EBITDA successful our treatment contiguous means Adjusted EBITDA, which excludes non-run-rate items for which we person provided reconciliations successful the appendix. Further, descent 5 contains definitions of presumption and measures that volition beryllium commonly utilized passim today’s presentation. At the decision of the company’s presentation, we volition unfastened the telephone for questions. I would present similar to crook the telephone implicit to Keith A. Harvey. Keith?