Century Aluminum's Earnings and Revenues Lag Estimates in Q3

Core Insights - Century Aluminum Company (CENX) reported earnings of 15 cents per share for Q3 2025, missing the Zacks Consensus Estimate of 79 cents, and down from 46 cents in the prior-year quarter, but improved from a loss of 5 cents in the previous quarter [1][7] Revenue and Shipments - The company reported net sales of $632.2 million, a 17% increase year over year, but below the Zacks Consensus Estimate of $663.7 million; sequentially, sales increased by 0.7% [2][7] - Primary aluminum shipments totaled 162,442 tons, reflecting a decrease of approximately 3.7% year over year [2] Financial Position - At the end of the quarter, cash and cash equivalents stood at $151.4 million, marking a 272% increase from the previous quarter; net cash provided by operating activities was $82.2 million for the nine months ended September 30, 2025 [3][7] Q4 Outlook - The company anticipates fourth-quarter 2025 adjusted EBITDA to be between $170 million and $180 million, driven by increased realization of the Midwest regional premium and higher realized LME [4] Stock Performance - Shares of Century Aluminum have increased by 40% over the past year, outperforming the industry growth of 8.5% [5]