Back to top

Image: Bigstock

Century Aluminum Reports Q2 Loss, Misses Revenue Estimates

Read MoreHide Full Article

Key Takeaways

  • CENX posted Q2 loss of 5 cents per share, missing earnings and revenue estimates.
  • Quarterly sales dipped 0.9% from Q1 on lower alumina sales, partly offset by better pricing.
  • CENX sees Q3 EBITDA of $115M-$125M with higher Midwest regional premium realization.

Century Aluminum Company (CENX - Free Report) reported a loss of 5 cents per share for the second quarter of 2025, in contrast to the Zacks Consensus Estimate for earnings of 34 cents. The figure compares unfavorably with the prior-year quarter’s loss of 3 cents per share and earnings of 29 cents in the previous quarter.

Century Aluminum Company Price, Consensus and EPS Surprise

Century Aluminum Company Price, Consensus and EPS Surprise

Century Aluminum Company price-consensus-eps-surprise-chart | Century Aluminum Company Quote

CENX’s Revenues and Shipments

The company reported net sales of $628.1 million, up 12% year over year. However, the figure missed the Zacks Consensus Estimate of $650.7 million. Sales decreased 0.9% sequentially.

The sequential decrease in sales in the second quarter was due to lower third-party alumina sales. This was partially offset by favorable regional premium prices, volumes and mix.

Primary aluminum shipments were 175,741 tons, up around 4.7% year over year.

CENX’s Financials

At the end of the quarter, the company had cash and cash equivalents of $40.7 million, down 9.4% from the previous quarter. Net cash provided by operating activities was $80.2 million for the six months ended June 30, 2025.

CENX’s Q3 Outlook

The company forecasts third-quarter 2025 adjusted EBITDA to be in the range of $115 million to $125 million, with increased realization of Midwest regional premium.

CENX Stock’s Price Performance

Shares of Century Aluminum have risen 74.6% in the past year compared with the industry’s 31.9% growth.

Zacks Investment Research
Image Source: Zacks Investment Research

CENX’s Zacks Rank & Other Key Picks

CENX currently carries a Zacks Rank #2 (Buy).

Other top-ranked stocks worth a look in the basic materials space are Gold Fields Limited (GFI - Free Report) , Vizsla Silver Corp. (VZLA - Free Report) and Harmony Gold Mining Company (HMY - Free Report)

Gold Fields is slated to report second-quarter results on Aug. 22. The Zacks Consensus Estimate for GFI’s second-quarter earnings is pegged at 59 cents per share. Gold Fields currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Vizsla is expected to report quarterly results on Sept. 11. The consensus estimate for VZLA’s earnings is pegged at a loss of a penny per share. VZLA’s earnings met the Zacks Consensus Estimate in three of the last four quarters while beating it in one, with the average surprise being 75%. Vizsla sports a Zacks Rank #1 at present.

Harmony Gold is slated to report its fiscal 2025 results on Aug. 28. The Zacks Consensus Estimate for earnings is pegged at $2.85 per share, indicating year-over-year growth of 190.8%. The consensus estimates for fiscal 2025 have increased 17.8% over the past 60 days. Harmony Gold carries a Zacks Rank #2 at present.

Published in