Century Aluminum Co (CENX) Tops Q4 EPS by 8c

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Go back to Century Aluminum Co (CENX) Tops Q4 EPS by 8c

Century Reports Fourth Quarter 2015 Financial Results

February 18, 2016 4:05 PM EST

CHICAGO, IL -- (Marketwired) -- 02/18/16 -- Century Aluminum Company (NASDAQ: CENX) reported a net loss of $43.1 million ($0.50 per share) for the fourth quarter of 2015. Results were favorably impacted by a $23.5 million ($0.25 per share) lower of cost or market inventory adjustment and $3.4 million ($0.04 per share) related to non-cash, non-recurring post-retirement benefits. Results were negatively impacted by a $3.5 million charge ($0.04 per share) related to the partial curtailment of operations at Hawesville and Mt. Holly, a $5.0 million charge ($0.05 per share) for depreciation related to Mt. Holly purchase accounting and an $11.6 million impairment charge ($0.12 per share) at... More