Earnings Estimates Rising for Century (CENX): Will It Gain?

Core Viewpoint - Century Aluminum (CENX) is showing solid improvement in earnings estimates, which may lead to continued stock price momentum [1][2] Earnings Estimate Revisions - Analysts have shown growing optimism regarding Century Aluminum's earnings prospects, leading to a rising trend in estimate revisions [2] - The current-quarter earnings estimate is projected at $0.88 per share, reflecting a year-over-year increase of +91.3% and an 8.64% rise in consensus estimates over the last 30 days [6] - For the full year, the earnings estimate is $2.30 per share, indicating a year-over-year decline of -30.1%, but there has been a positive trend in estimate revisions with no negative adjustments [7] Zacks Rank and Performance - Century Aluminum has achieved a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates [3][8] - Stocks with a Zacks Rank 1 and 2 significantly outperform the S&P 500, with Zacks 1 stocks averaging a +25% annual return since 2008 [3][8] Stock Price Movement - The stock has increased by 12.2% over the past four weeks due to strong estimate revisions, suggesting potential for further upside [9]