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    Market Segment

    June 20, 2014

    AK Steel Provides Q2 2014 Guidance

    Written by Brett Linton

    AK Steel (NYSE: AKS) provided guidance for its Q2 2014 financial results today. The full press release can be viewed here. Below are key sections of the report:

    AK Steel said it “expects to report a net loss of $0.19 to $0.23 per diluted share of common stock, which is a substantial improvement over its first quarter results.”  Their adjusted net loss for the Q2 would be $0.02 to $0.06 per diluted share if the loss of $0.17 per diluted share for mark-to-market losses on derivatives is excluded.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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