Century Aluminum (CENX) Set to Announce Earnings on Monday

Century Aluminum (NASDAQ:CENX) is scheduled to announce its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings data on Thursday, August 8th. The industrial products company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The business had revenue of $560.80 million for the quarter, compared to analyst estimates of $530.90 million. Century Aluminum had a negative return on equity of 0.04% and a net margin of 10.32%. 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 Stock Up 2.9 %

Shares of NASDAQ:CENX opened at $18.26 on Monday. The business has a 50-day moving average price of $15.20 and a 200 day moving average price of $16.17. The company has a current ratio of 1.72, a quick ratio of 0.63 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 8.38 and a beta of 2.48. Century Aluminum has a 12-month low of $5.70 and a 12-month high of $21.37.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. B. Riley cut their price objective on Century Aluminum from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, August 9th. StockNews.com raised Century Aluminum from a “sell” rating to a “hold” rating in a research report on Tuesday, October 22nd. Finally, BMO Capital Markets dropped their target price on Century Aluminum from $17.00 to $15.00 and set a “market perform” rating for the company in a research report on Friday, August 9th.

About Century Aluminum

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.