Century Aluminum's Q4 Earnings and Revenues Surpass Estimates

Core Insights - Century Aluminum Company (CENX) reported earnings of 47 cents per share for Q4 2024, surpassing the Zacks Consensus Estimate of 30 cents and showing an increase from 30 cents in the prior-year quarter and 46 cents in the previous quarter [1] - The company achieved net sales of $631 million, a 23.2$560.8 million, with a sequential sales increase of 17% [2] - Primary aluminum shipments totaled 166,677 tons, reflecting a year-over-year decrease of approximately 4.1% [3] Financial Performance - At the end of Q4 2024, CENX had cash and cash equivalents of $32.9 million, down 63$24.6 million for the year [4] - For Q1 2025, the company forecasts adjusted EBITDA to be between $75 million and$85 million, driven by improved metal pricing and regional premiums, although offset by higher energy and raw material costs [5] Stock Performance - CENX shares have increased by 85.1% over the past year, significantly outperforming the industry average rise of 26.9% [6]