Century Aluminum's Earnings and Revenues Lag Estimates in Q3

Century Aluminum Company CENX reported earnings of 15 cents per share for the third quarter of 2025, missing the Zacks Consensus Estimate of 79 cents. The figure compares unfavorably with the prior-year quarter’s earnings of 46 cents and favourably with a loss of 5 cents in the previous quarter. 

CENX’s Revenues and Shipments

The company reported net sales of $632.2 million, up 17% year over year. However, the figure missed the Zacks Consensus Estimate of $663.7 million. Sales increased 0.7% sequentially. 

The sequential increase was primarily driven by a higher realized Midwest premium, partly offset by unfavorable volume and sales mix, and third-party alumina sales. 

Primary aluminum shipments were 162,442 tons, down around 3.7% year over year. 

Century Aluminum Company Price, Consensus and EPS Surprise

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

CENX’s Financials

At the end of the quarter, the company had cash and cash equivalents of $151.4 million, up 272% from the previous quarter. Net cash provided by operating activities was $82.2 million for the nine months ended Sept. 30, 2025. 

CENX’s Q4 Outlook

The company forecasts fourth-quarter 2025 adjusted EBITDA to be in the range of $170 million to $180 million, with increased realization of Midwest regional premium and higher realized LME. 

CENX Stock’s Price Performance

Shares of Century Aluminum have risen 40% in the past year compared with the industry’s 8.5% growth. 

CENX’s Zacks Rank & Other Industrial Products Releases

CENX currently carries a Zacks Rank #5 (Strong Sell). 

The Middleby Corporation MIDD logged third-quarter adjusted earnings per share of $2.37. It beat the Zacks Consensus Estimate of $2.03. MIDD anticipates total sales for fiscal 2025 to be in the range of $3.85 to $3.89 billion. Adjusted EBITDA is forecasted to be $779-$789 million. 

Parker-Hannifin Corporation PH adjusted earnings were $7.22 per share for the first quarter of fiscal 2026. The metric beat the Zacks Consensus Estimate of $6.67. The company expects total sales to increase 4-7% year over year. Adjusted earnings are projected to be in the band of $29.6-$30.40 per share. 

Kennametal Inc. KMT logged adjusted earnings of 34 cents per share for the first quarter of fiscal 2026. It beat the Zacks Consensus Estimates of 24 cents. KMT expects fiscal second-quarter sales to be between $500-$520 million ounces and full year to be in the range of $2.1-$2.17 billion. Adjusted earnings are predicted to be in the range of 30-40 cents for the second quarter. 

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

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