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CHICAGO (AP) _ Century Aluminum Co. (CENX) on Tuesday reported fourth-quarter net income of $61.8 million, after reporting a loss in the same period a year earlier.
The Chicago-based company said it had profit of 63 cents per share. Earnings, adjusted for non-recurring costs, were 64 cents per share.
The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.
The aluminum producer posted revenue of $551.2 million in the period, which beat Street forecasts. Analysts expected $510.2 million, according to Zacks.
For the year, the company reported net income of $103.3 million, or $1.15 per share, swinging to a profit in the period. Revenue was reported as $1.93 billion.
Century shares have dropped 9 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.16, a climb of 94 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CENX at http://www.zacks.com/ap/CENX
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Keywords: Century Aluminum, Earnings Report
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Century Aluminum is a producing company based in United states of america. Century Aluminum is listed in United States of America. Its market capitalisation is US$ 1.1 billions as of today (€ 1.0 billions). Its stock quote reached its lowest recent point on March 06, 2009 at US$ 1.06, and its highest recent level on September 12, 2024 at US$ 13.04. Century Aluminum has 87 260 000 shares outstanding. |