earnings
confidence high
sentiment neutral
materiality 0.60
Century Aluminum posts Q3 net loss of $52.4M, adjusted EBITDA jumps to $70.3M
CENTURY ALUMINUM CO
2021-Q3 EPS reported
-$2.52
revenue$1,553,400,000
- Net sales $581.4M in Q3 2021; shipments 196,095 tonnes.
- Net loss $52.4M ($0.58 diluted EPS) vs Q2 net loss $35.1M ($0.39 loss).
- Adjusted EBITDA of $70.3M, up from $33.9M in Q2.
- Announced casthouse expansion in Iceland to produce 150,000 tonnes of green billet.
- Restart at Mt. Holly and Hawesville smelters on track.