CHICAGO, June 02, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) applauds President Trump’s unwavering defense of the nation’s domestic production of critical metals by increasing aluminum tariffs to 50 percent. President Trump’s action, announced in Pittsburgh on Friday, increases the Section 232 tariffs on foreign primary aluminum imports from 25 percent to 50 percent. This bold step safeguards the supply of metals critical for national security, while encouraging investments in U.S. job ...

Core Viewpoint - Alcoa Corporation (AA) and Constellium SE (CSTM) are key players in the aluminum sector, with high aluminum prices driven by global economic uncertainties and trade tensions, making them relevant for investors in the Zacks Metal Products - Distribution industry [1] Group 1: Industry Overview - Aluminum has gained attractiveness as an investment due to the rising demand for lighter and energy-efficient electric vehicles, recycled aluminum, and rechargeable batteries, alongside a recovery in global air travel boosting demand for aluminum alloys [2] - The demand for aluminum is increasing as industries focus on sustainability and efficiency [2] Group 2: Alcoa Corporation (AA) - Alcoa's Aluminum segment is expected to produce 2.3-2.5 million tonnes in 2025, with shipments anticipated between 2.6-2.8 million tonnes, despite recent challenges [6] - The Alumina segment is benefiting from the popularity of its low-carbon EcoLum primary aluminum, with production expected to be 9.5-9.7 million tonnes and shipments likely at 13.1-13.3 million tonnes in 2025 [7] - Alcoa's strategic actions, including the acquisition of Alumina Limited, aim to enhance its position as a leading bauxite and alumina producer, providing long-term value creation [8] - Alcoa's third-party shipments of alumina declined by 8% in Q1 2025, and total shipments from the Aluminum segment decreased by 5% sequentially [5] Group 3: Constellium SE (CSTM) - Constellium's Packaging & Automotive Rolled Products segment saw a 2% year-over-year increase in shipments to 269,000 metric tons in Q1 2025, with revenues rising 17% to $1.2 billion [9] - Total revenues for Constellium increased by 5% to $2 billion compared to the prior-year quarter, driven by strong demand and higher metal prices [10] - Constellium is investing in its production capacity and recycling capacity in France to leverage its market position [11][12] - The company has a share repurchase program of up to $300 million, with approximately $206 million remaining as of Q1 2025 [13] Group 4: Financial Performance and Estimates - The Zacks Consensus Estimate for Alcoa's 2025 sales implies a year-over-year growth of 4.3%, while EPS estimates indicate a significant increase of 164.4%, although estimates have been trending downward [15] - In contrast, Constellium's 2025 sales and EPS estimates imply year-over-year growth of 7.2% and 184.2%, respectively, with EPS estimates increasing over the past 60 days [16] - Alcoa's shares have lost 32.7% in the past six months, while Constellium's stock has gained 6.6% [18] - Alcoa is trading at a forward P/E ratio of 9.12X, below its three-year median of 14.47X, while Constellium's forward earnings multiple is at 9.54X, close to its median of 9.51X [19] Group 5: Conclusion - Alcoa's strength in electrical and packaging markets is hindered by production constraints and lower shipments, leading to cautious earnings estimates [21] - Constellium's robust performance in the Packaging & Automotive segment, along with growth investments and favorable earnings estimates, positions it as a more attractive investment option compared to Alcoa [22]

Century Aluminum Company (CENX) reported earnings of 28 cents per share for the first quarter of 2025, missing the Zacks Consensus Estimate of 53 cents. The figure compares favorably with the prior-year quarter’s loss of 39 cents per share but falls behind earnings of 47 cents per share in the previous quarter.CENX’s Revenues and ShipmentsThe company reported net sales of $633.9 million, up 29.5% year over year. The figure missed the Zacks Consensus Estimate of $643.8 million. Sales increased 0.5% sequentia ...

Century Aluminum Company (CENX) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Ryan Crawford - Financial Planning & Analysis and IR ManagerJesse Gary - President, Chief Executive Officer & DirectorPeter Trpkovski - EVP, CFO & TreasurerJohn Tumazos - Owner and CEO Conference Call Participants Katja Jancic - AnalystNick Giles - Senior Research Analyst Operator Good afternoon. Thank you for attending today's Century Aluminum Company First Quarter twenty twenty five Earnings Conference Call ...

Century Aluminum Company (CENX) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for attending today's Century Aluminum Company First Quarter twenty twenty five Earnings Conference Call. My name is Micaiah, and I'll be the moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for your questions and answers at the end. At this time, I would like to pass the call over to our host, Ryan Crawford, Investor Relations. ...

CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) today announced its first quarter 2025 results. First Quarter 2025 Financial Results | $MM (except shipments and per share data) | | | | | | --- | --- | --- | --- | --- | | | | Q1 2025 | | Q4 2024 | | Aluminum shipments (tonnes) | | 168,672 | | 166,677 | | Net sales | $ | 633.9 | $ | 630.9 | | Net income attributable to Century stockholders | $ | 29.7 | $ | 45.2 | | Diluted earnings per share attributable to Century stockholde ...

Alcoa (AA) Q4 2024 Earnings Call January 22, 2025 05:00 PM ET Company Participants Louis Langlois - Senior Vice President of Treasury & Capital MarketsWilliam Oplinger - CEO & PresidentMolly Beerman - Executive VP & CFOTimna Tanners - Managing Director - Equity ResearchBennett - SPEAKER Conference Call Participants Katja Jancic - AnalystLawson Winder - AnalystDaniel Major - AnalystCarlos de Alba - AnalystNick Giles - Equity Research AnalystChris LaFemina - Equity Research AnalystMichael Dudas - Equity Resea ...