Century Aluminum Q4 2023 Adj EPS $0.39 Beats $0.17 Estimate, Sales $512.30M Beat $477.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Century Aluminum (CENX) reported Q4 2023 adjusted EPS of $0.39, surpassing the $0.17 estimate, with sales of $512.30M also beating the $477.13M estimate. However, this represents a 3.32% decrease in sales compared to the same period last year.
February 21, 2024 | 9:18 pm
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Century Aluminum reported higher than expected Q4 2023 earnings and sales, but noted a slight decrease in sales from the previous year.
The significant beat on both earnings and sales estimates is likely to positively impact investor sentiment and CENX's stock price in the short term. However, the slight decrease in sales year-over-year might temper some of the positive momentum.
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