Century Aluminum Co (CENX) Misses Q2 EPS by 2c

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Go back to Century Aluminum Co (CENX) Misses Q2 EPS by 2c

Century Reports Second Quarter 2015 Financial Results

August 6, 2015 4:00 PM EDT

CHICAGO, IL -- (Marketwired) -- 08/06/15 -- Century Aluminum Company (NASDAQ: CENX) reported a net loss of $33.9 million ($0.39 per common share) for the second quarter of 2015. Results include a $30.9 million impairment charge ($0.35 per common share) related to the permanent closure of our Ravenswood smelter and a $25.7 million charge ($0.30 per common share) for lower of cost or market inventory adjustments. Results were also negatively impacted by $11.7 million ($0.13 per common share) in costs related to the labor disruption at our Hawesville smelter. Lastly, results include a $10.3 million ($0.12 per common share) unrealized gain on the fair value of contingent... More