earnings
confidence high
sentiment positive
materiality 0.75
Century Aluminum Q1 adjusted EPS $0.59, net sales $753.6M (+14% QoQ)
CENTURY ALUMINUM CO
2022-Q1 EPS reported
$0.18
revenue$753,600,000
- GAAP net income $17.7M ($0.18 diluted EPS); adjusted net income $60.7M ($0.59 adjusted EPS).
- Net sales $753.6M, up 14% sequentially on higher LME prices; realized LME price $2,762/T (+$158/T QoQ).
- Shipments 211,411 tonnes, up 5% from Q4 2021.
- Adjusted EBITDA $105.5M vs. $82.2M in prior quarter.
- Company notes global ~1M tonne supply deficit and lowest LME inventories since 2005.