Century Aluminum (CENX) Set to Announce Quarterly Earnings on Wednesday

Century Aluminum (NASDAQ:CENX) will issue its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.19) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Century Aluminum (NASDAQ:CENX) last released its earnings results on Wednesday, February 21st. The industrial products company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.53. Century Aluminum had a negative net margin of 2.05% and a positive return on equity of 5.18%. The company had revenue of $512.30 million for the quarter, compared to analysts’ expectations of $514.40 million. On average, analysts expect Century Aluminum to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Century Aluminum Trading Down 3.2 %

Shares of CENX stock opened at $17.40 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 0.38 and a debt-to-equity ratio of 1.25. The stock has a fifty day simple moving average of $14.03 and a two-hundred day simple moving average of $10.91. Century Aluminum has a 52-week low of $5.70 and a 52-week high of $18.64.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. B. Riley upgraded Century Aluminum from a “neutral” rating to a “buy” rating and increased their target price for the stock from $10.00 to $14.00 in a research report on Tuesday, January 9th. StockNews.com raised shares of Century Aluminum from a “sell” rating to a “hold” rating in a report on Wednesday, February 28th.

Century Aluminum Company Profile

Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.