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CHICAGO (AP) _ Century Aluminum Co. (CENX) on Thursday reported a third-quarter loss of $56.1 million, after reporting a profit in the same period a year earlier.
The Chicago-based company said it had a loss of 65 cents per share. Losses, adjusted for non-recurring costs, were 48 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.
The aluminum producer posted revenue of $454.5 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $451.1 million.
In the final minutes of trading on Thursday, the company's shares hit $4.29. A year ago, they were trading at $27.15.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CENX at http://www.zacks.com/ap/CENX
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Keywords: Century Aluminum, Earnings Report
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Century Aluminum is a producing company based in United states of america. Century Aluminum is listed in United States of America. Its market capitalisation is US$ 1.5 billions as of today (€ 1.4 billions). Its stock quote reached its lowest recent point on March 06, 2009 at US$ 1.06, and its highest recent level on October 14, 2024 at US$ 17.41. Century Aluminum has 87 260 000 shares outstanding. |