Core Insights - Century Aluminum Company reported strong financial results for Q4 and FY 2024, with significant improvements in net income and adjusted EBITDA compared to the previous year [4][11][12]. Q4 2024 Highlights - Shipments of primary aluminum totaled 166,677 tonnes, a slight decrease of 1% from Q3 2024 [6][30]. - Net sales increased by 17% sequentially to $631.0 million, driven by higher third-party alumina sales and improved aluminum prices [6][8]. - Net income attributable to Century stockholders was $47.7 million, a $0.4 million improvement from Q3 2024 [7][8]. - Adjusted net income for Q4 was $45.9 million, reflecting a $14.1 million decrease sequentially [7][8]. - Adjusted EBITDA for Q4 was $82.4 million, down $21.3 million from Q3 2024 due to updated U.S. Treasury guidance [8][9]. Full Year 2024 Highlights - Total shipments of primary aluminum for FY 2024 were 677,967 tonnes, a 3% decrease from FY 2023 [10][30]. - Net sales for FY 2024 reached $2.22 billion, an increase of $34.9 million from FY 2023 [10][11]. - Net income attributable to Century stockholders was $339.4 million, a significant improvement of $382.5 million from FY 2023 [11][12]. - Adjusted net income for FY 2024 was $104.0 million, up $73.3 million from the previous year [11][12]. - Adjusted EBITDA for FY 2024 was $245.2 million, an increase of $125.2 million compared to FY 2023, primarily due to higher metal prices [12]. Financial Position - As of December 31, 2024, Century had cash and cash equivalents of $32.9 million and total liquidity of $244.5 million [8][9]. - The company recorded a Section 45X production tax credit of $92.6 million, enhancing its financial position [8][9]. - Century was selected by the U.S. Department of Energy to receive a $500 million grant for building a new aluminum smelter [8][9]. Operational Developments - Century achieved the highest annual production volume at its Sebree, KY facility in the past five years [8]. - The company completed an expansion project at its Iceland billet casthouse, increasing its value-added product offerings [8].

Core Points - Century Aluminum Company (NASDAQ: CENX) is scheduled to report its fourth quarter 2024 earnings on February 20, 2025, after market close [1] - A follow-up conference call will take place on the same day at 5:00 p.m. Eastern time [1] - The earnings call will be available for live webcast on the company's website, with a replay accessible approximately two hours after the live event [2] Company Information - The earnings release will be disseminated through GlobeNewswire [1] - Registration for the live call should begin at least 10 minutes prior to the scheduled start time [2] - Investor contact for inquiries is Ryan Crawford, reachable at investorrelations@centuryaluminum.com or (312) 696-3132 [2] - Media contact is Tawn Earnest, available at (614) 698-6351 [2]

Core Viewpoint - Century Aluminum Company supports President Trump's executive order to impose a 25% tariff on all primary aluminum imports, aiming to protect U.S. jobs and national security [1][2]. Group 1: Tariff Implementation - The executive order implements a 25% tariff on all primary aluminum imports into the U.S. from foreign countries, closing a loophole that allowed nearly 75% of imports to avoid tariffs [2]. - This action is expected to protect American jobs and enhance national security [2]. Group 2: Company Position - Century Aluminum's CEO, Jesse Gary, expressed strong support for the tariff, stating it will help level the playing field for American aluminum workers [2]. - The company emphasizes that the strengthened tariffs will drive the resurgence of domestic aluminum production [3]. Group 3: Company Overview - Century Aluminum is the largest domestic producer of primary aluminum in the United States and operates production facilities in Iceland, the Netherlands, and Jamaica [4].

CHICAGO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ:CENX) strongly supports President Donald Trump’s decisive action today to strengthen Section 232 tariffs and fight back against unfair trade practices that have for years disadvantaged the U.S. primary aluminum industry. Today’s executive order implements a 25% tariff on all primary aluminum imports into the U.S. from all foreign countries and closes a loophole in the existing tariff that allowed nearly 75% of imports to avoid the t ...

Century Aluminum (CENX) has been beaten down lately with too much selling pressure. While the stock has lost 19.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator t ...

Century Aluminum Company (CENX) is benefiting from strong demand in a variety of intermediate and end markets, driven by robust manufacturing operations, particularly in the United States.Century Aluminum Stock’s Price PerformanceShares of Century Aluminum have shot up 51.6% in the past year against a 33.5% decline of the industry.Image Source: Zacks Investment ResearchStrong Demand, Acquisitions to Aid CENXCentury Aluminum is well-positioned to benefit from an uptick in global aluminum demand, which is exc ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Century Aluminum (CENX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Century Aluminum is one of 213 individual stocks i ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

A month has gone by since the last earnings report for Century Aluminum (CENX) . Shares have added about 13.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Century due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Century Aluminum's Q3 Earnings Surpass Estimates, ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...