Group 1: Company Performance - Century Aluminum (CENX) shares increased by 6.4% to close at $26.09, with notable trading volume compared to typical sessions, and a 4.1% gain over the past four weeks [1] - The company is expected to report quarterly earnings of $0.88 per share, reflecting a year-over-year increase of 91.3%, with revenues projected at $663.7 million, up 23.1% from the previous year [3] - The consensus EPS estimate for the quarter has been revised 8.6% higher in the last 30 days, indicating a positive trend that typically leads to price appreciation [4] Group 2: Market Conditions - CENX is positioned to benefit from higher domestic aluminum prices due to 50% tariffs on aluminum imports, which will enhance its revenue [2] - The restart of the Mt. Holly smelter is expected to further boost aluminum production for the company [2] Group 3: Industry Context - Century Aluminum belongs to the Zacks Metal Products - Procurement and Fabrication industry, which includes other strong performers like TriMas (TRS), which has also shown positive stock movement [5] - TriMas has a consensus EPS estimate of $0.57, reflecting a 32.6% increase from the previous year, and also holds a Zacks Rank of 1 (Strong Buy) [6]
Century (CENX) Moves 6.4% Higher: Will This Strength Last?