Century Aluminum Q2 2024 Adj. EPS $0.01, Sales $560.800M Beat $495.967M Estimate
Portfolio Pulse from Benzinga Newsdesk
Century Aluminum (NASDAQ:CENX) reported Q2 2024 adjusted EPS of $0.01 and sales of $560.8 million, beating the analyst estimate of $495.967 million. However, sales decreased by 2.55% compared to the same period last year.
August 08, 2024 | 8:15 pm
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Century Aluminum reported Q2 2024 adjusted EPS of $0.01 and sales of $560.8 million, beating analyst estimates by 13.07%. However, sales decreased by 2.55% year-over-year.
The positive earnings surprise and significant beat on sales estimates are likely to have a positive short-term impact on CENX's stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
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IMPORTANCE 80
RELEVANCE 100