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Century: 3Q Earnings Snapshot

CHICAGO (AP) _ Century Aluminum Co. (CENX) on Thursday reported a third-quarter loss of $20.3 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Chicago-based company said it had a loss of 23 cents. Earnings, adjusted for non-recurring costs, were 2 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The aluminum producer posted revenue of $481.8 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $469.1 million.

Century shares have fallen 52 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.48, a drop of 37 percent 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