BRIEF-AK Steel Reports Q4 Loss Per Share $0.34 [Reuters]
AK STEEL HOLDINGS (AKS)
Last ak steel holdings earnings: 2/20 07:00 am
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Source: Reuters
BRIEF-AK Steel Reports Q4 Loss Per Share $0.34 | Reuters Reuters Staff 2 Min Read Jan 30 (Reuters) - Ak Steel: * ANNOUNCES FULL-YEAR AND FOURTH QUARTER 2017 FINANCIAL RESULTS * Q4 ADJUSTED NON-GAAP LOSS PER SHARE $0.06 EXCLUDING ITEMS * Q4 EARNINGS PER SHARE VIEW $-0.13 -- THOMSON REUTERS I/B/E/S * HOLDING CORP - AVERAGE SELLING PRICE PER FLAT-ROLLED STEEL TON FOR Q4 OF 2017 INCREASED 4% FROM Q4 OF 2016 TO $1,024 PER TON * HOLDING CORP - ?RECORDED A LIFO CHARGE OF $5.1 MILLION FOR Q4 OF 2017, AS COMPARED TO A LIFO CREDIT OF $7.5 MILLION FOR Q4 OF 201 * HOLDING CORP - ?FLAT-ROLLED STEEL SHIPMENTS DECLINED TO 1.33 MILLION TONS FOR Q4 OF 2017 FROM 1.38 MILLION TONS IN PRIOR-YEAR Q4 * Q4 RESULTS INCLUDE CHARGES OF $88.4 MILLION FOR ASSET IMPAIRMENTS & REDUCTION IN VALUE OF DEFERRED TAX ASSETS FROM U.S. TAX LEGISLATION * HOLDING - ?INCOME TAX EXPENSE FOR Q4 OF 2017 INCLUDES A $32.1 MILLION NON-CASH CHARGE, OR $0.10 PER DILUTED SHARE * HOLDING CORP - ?RECOGNIZED A NON-CASH ASSET IMPAIRMENT
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