Century Aluminum Co (CENX) Reports a Q1 Loss
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Century Aluminum Co (NASDAQ: CENX) reported Q1 EPS of ($0.04) vs. the analyst estimate of ($0.17)(May not be comparable). Revenue for the quarter came in at $326.2 million versus the consensus estimate of $324.24 million.
Financial results were negatively impacted by an unrealized loss on forward contracts of $5.0 million primarily related to the mark to market of aluminum price protection options. Cost of sales for the quarter included a $17.1 million benefit for lower of cost or market inventory adjustments.
For earnings history and earnings-related data on Century Aluminum Co (CENX) click here.
Financial results were negatively impacted by an unrealized loss on forward contracts of $5.0 million primarily related to the mark to market of aluminum price protection options. Cost of sales for the quarter included a $17.1 million benefit for lower of cost or market inventory adjustments.
For earnings history and earnings-related data on Century Aluminum Co (CENX) click here.
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