Preview Of Century Aluminum Company ($CENX) 3Q20 Earnings

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Century Aluminum Company (NASDAQ:CENX) is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.63 per share.

Looking ahead, the full year loss are expected at $ 0.87 per share on the revenues of $ 1612.95 million.

Previous Quarter Performance

Century Aluminum Company came out with loss for the second quarter of $ 0.19 per share, from the revenue of $ 401.90 million. The consensus estimates are loss of $ 0.14 per share from $ 401.80 million in revenue. The bottom line results missed street analysts by $ 0.05 or 35.71 percent, at the same time, top line results outshined analysts by $ 0.10 million or 0.02 percent.

Stock Performance

Shares of Century Aluminum Company traded low $ -0.45 or -6.26 percent on Wednesday, reaching $ 6.74 with volume of 520.50 thousand shares. Century Aluminum Company has traded high as $ 7.00 and has cracked $ 6.73 on the downward trend

According to the previous trading day, closing price of $ 6.74, representing a 147.08 % increase from the 52 week low of $ 2.91 and a 36.54 % decrease over the 52 week high of $ 11.33.

The company has a market capital of $ 603.13 million and is part of the Basic Materials sector and Aluminum industry.

Conference Call

Century Aluminum Company will be hosting a conference call at 5:00 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website centuryaluminum.com

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.