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Century Aluminum Q1 Earnings Miss Estimates, Sales Rise Y/Y
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Key Takeaways
Century Aluminum's Q1 adjusted EPS of $1.06 missed estimates despite lower shipments.
CENX sales rose 2.4% on higher aluminum prices, though revenue missed estimates.
CENX sees Q2 adjusted EBITDA at $315M-$335M, aided by pricing, energy benefits and volume mix.
Century Aluminum Company (CENX - Free Report) reported earnings of $3.23 per share for the first quarter of 2026. It compares favorably with the prior-year quarter’s earnings of 29 cents.
Barring one-time items, adjusted earnings came in at $1.06 per share. The bottom line missed the Zacks Consensus Estimate of $1.16.
Adjusted EBITDA was $231.4 million, up from $78 million in the prior-year quarter.
Century Aluminum Company Price, Consensus and EPS Surprise
The company reported net sales of $649.2 million, up 2.4% year over year. However, the figure missed the Zacks Consensus Estimate of $652.2 million.
The increase in sales was driven by higher aluminum prices, which more than offset lower shipment volumes.
Primary aluminum shipments were 122,865 tons, down around 27% year over year and around 12% sequentially.
CENX’s Financials
At the end of the quarter, the company had cash and cash equivalents of $244.1 million, up 81.9% from the previous quarter.
CENX’s Q2 Outlook
The company forecasts second-quarter 2026 adjusted EBITDA to be in the range of $315 million to $335 million, supported by higher realized LME and regional premiums, energy benefits and favorable volume/mix, partly offset by raw material costs and OPEX/other items.
CENX Stock’s Price Performance
Shares of Century Aluminum have risen 250.3% in the past year compared with the industry’s 55.8% growth.
Image Source: Zacks Investment Research
CENX’s Zacks Rank & Other Key Picks
CENX currently sports a Zacks Rank #1 (Strong Buy).
Other top-ranked stocks worth a look in the basic materials space are Sociedad Quimica y Minera de Chile S.A. (SQM - Free Report) , Idaho Strategic Resources, Inc. (IDR - Free Report) and Hawkins, Inc. (HWKN - Free Report) .
Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present.
Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Hawkins is scheduled to report fiscal fourth-quarter results on May 13. The Zacks Consensus Estimate for HWKN’s fourth-quarter earnings is pegged at 76 cents per share. HWKN currently has a Zacks Rank #2.
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Century Aluminum Q1 Earnings Miss Estimates, Sales Rise Y/Y
Key Takeaways
Century Aluminum Company (CENX - Free Report) reported earnings of $3.23 per share for the first quarter of 2026. It compares favorably with the prior-year quarter’s earnings of 29 cents.
Barring one-time items, adjusted earnings came in at $1.06 per share. The bottom line missed the Zacks Consensus Estimate of $1.16.
Adjusted EBITDA was $231.4 million, up from $78 million in the prior-year quarter.
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 $649.2 million, up 2.4% year over year. However, the figure missed the Zacks Consensus Estimate of $652.2 million.
The increase in sales was driven by higher aluminum prices, which more than offset lower shipment volumes.
Primary aluminum shipments were 122,865 tons, down around 27% year over year and around 12% sequentially.
CENX’s Financials
At the end of the quarter, the company had cash and cash equivalents of $244.1 million, up 81.9% from the previous quarter.
CENX’s Q2 Outlook
The company forecasts second-quarter 2026 adjusted EBITDA to be in the range of $315 million to $335 million, supported by higher realized LME and regional premiums, energy benefits and favorable volume/mix, partly offset by raw material costs and OPEX/other items.
CENX Stock’s Price Performance
Shares of Century Aluminum have risen 250.3% in the past year compared with the industry’s 55.8% growth.
CENX’s Zacks Rank & Other Key Picks
CENX currently sports a Zacks Rank #1 (Strong Buy).
Other top-ranked stocks worth a look in the basic materials space are Sociedad Quimica y Minera de Chile S.A. (SQM - Free Report) , Idaho Strategic Resources, Inc. (IDR - Free Report) and Hawkins, Inc. (HWKN - Free Report) .
Sociedad is slated to report first-quarter 2026 results on May 26. The Zacks Consensus Estimate for loss is pegged at $1.78 per share, indicating 270.8% year-over-year growth. SQM has a Zacks Rank #2 (Buy) at present.
Idaho is expected to report first-quarter 2026 results on May 14. The Zacks Consensus Estimate for earnings is pegged at 43 cents per share, indicating 258.3% year-over-year growth. IDR sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Hawkins is scheduled to report fiscal fourth-quarter results on May 13. The Zacks Consensus Estimate for HWKN’s fourth-quarter earnings is pegged at 76 cents per share. HWKN currently has a Zacks Rank #2.