Century Aluminum Co CENX.OQ reported quarterly adjusted earnings of 1 cent per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of three analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents to 1 cents per share.
Revenue fell 2.6% to $560.80 million from a year ago; analysts expected $495.97 million.
Century Aluminum Co's reported EPS for the quarter was a loss of 3 cents.
The company reported a quarterly loss of $2.5 million.
Century Aluminum Co shares had fallen by 22.8% this quarter and gained 6.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 100% in the last three months.
In the last 30 days, there have been revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."
The average consensus recommendation for the aluminum peer group is also "hold"
Wall Street's median 12-month price target for Century Aluminum Co is $20.50
This summary was machine generated from LSEG data August 9 at 10:36 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
0.00 |
0.01 |
Beat |
Mar. 31 2024 |
-0.17 |
-0.03 |
Beat |
Dec. 31 2023 |
0.17 |
0.39 |
Beat |
Sep. 30 2023 |
-0.12 |
-0.13 |
Missed |