Century Aluminum Reports Q2 Loss, Misses Revenue Estimates

Century Aluminum Company CENX 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-eps-surprise-chart | Century Aluminum Company QuoteCENX’s Revenues and ShipmentsThe 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 FinancialsAt 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 OutlookThe 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 PerformanceShares of Century Aluminum have risen 74.6% in the past year compared with the industry’s 31.9% growth.Image Source: Zacks Investment ResearchCENX’s Zacks Rank & Other Key PicksCENX currently carries a Zacks Rank #2 (Buy).Other top-ranked stocks worth a look in the basic materials space are Gold Fields Limited GFI, Vizsla Silver Corp. VZLA and Harmony Gold Mining Company HMYGold 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.See our %%CTA_TEXT%% report – free today!7 Best Stocks for the Next 30 DaysWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gold Fields Limited (GFI): Free Stock Analysis Report Harmony Gold Mining Company Limited (HMY): Free Stock Analysis Report Century Aluminum Company (CENX): Free Stock Analysis Report Vizsla Silver Corp. (VZLA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks