U.S. Markets open in 5 hrs 30 mins

Century: 1Q Earnings Snapshot

CHICAGO (AP) _ Century Aluminum Co. (CENX) on Tuesday reported a loss of $34.6 million in its first quarter.

On a per-share basis, the Chicago-based company said it had a loss of 39 cents. Losses, adjusted for non-recurring gains, were 70 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 71 cents per share.

The aluminum producer posted revenue of $490 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $484.5 million.

Century shares have climbed 15% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.41, a decrease of 52% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CENX at https://www.zacks.com/ap/CENX