Century Aluminum Reports Q2 Loss, Misses Revenue Estimates

Century Aluminum Company CENX reported a loss of 5 cents per share for the second quarter of 2025, in contrast to the Zacks Consensus Estimate for earnings of 34 cents. The figure compares unfavorably with the prior-year quarter’s loss of 3 cents per share and earnings of 29 cents in the previous quarter.

Century Aluminum Company Price, Consensus and EPS Surprise

Century Aluminum Company price-consensus-eps-surprise-chart | Century Aluminum Company Quote

CENX’s Revenues and Shipments

The company reported net sales of $628.1 million, up 12% year over year. However, the figure missed the Zacks Consensus Estimate of $650.7 million. Sales decreased 0.9% sequentially.

The sequential decrease in sales in the second quarter was due to lower third-party alumina sales. This was partially offset by favorable regional premium prices, volumes and mix.

Primary aluminum shipments were 175,741 tons, up around 4.7% year over year.

CENX’s Financials

At the end of the quarter, the company had cash and cash equivalents of $40.7 million, down 9.4% from the previous quarter. Net cash provided by operating activities was $80.2 million for the six months ended June 30, 2025.

CENX’s Q3 Outlook

The company forecasts third-quarter 2025 adjusted EBITDA to be in the range of $115 million to $125 million, with increased realization of Midwest regional premium.

CENX Stock’s Price Performance

Shares of Century Aluminum have risen 74.6% in the past year compared with the industry’s 31.9% growth.

CENX’s Zacks Rank & Other Key Picks

CENX currently carries a Zacks Rank #2 (Buy).

Other top-ranked stocks worth a look in the basic materials space are Gold Fields Limited GFI, Vizsla Silver Corp. VZLA and Harmony Gold Mining Company HMY

Gold Fields is slated to report second-quarter results on Aug. 22. The Zacks Consensus Estimate for GFI’s second-quarter earnings is pegged at 59 cents per share. Gold Fields currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Vizsla is expected to report quarterly results on Sept. 11. The consensus estimate for VZLA’s earnings is pegged at a loss of a penny per share. VZLA’s earnings met the Zacks Consensus Estimate in three of the last four quarters while beating it in one, with the average surprise being 75%. Vizsla sports a Zacks Rank #1 at present.

Harmony Gold is slated to report its fiscal 2025 results on Aug. 28. The Zacks Consensus Estimate for earnings is pegged at $2.85 per share, indicating year-over-year growth of 190.8%. The consensus estimates for fiscal 2025 have increased 17.8% over the past 60 days. Harmony Gold carries a Zacks Rank #2 at present.

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This article originally published on Zacks Investment Research (zacks.com).

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