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Century: 4Q Earnings Snapshot

CHICAGO (AP) _ Century Aluminum Co. (CENX) on Thursday reported a fourth-quarter loss of $65 million, after reporting a profit in the same period a year earlier.

The Chicago-based company said it had a loss of 74 cents per share. Losses, adjusted for non-recurring costs, were 43 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 54 cents per share.

The aluminum producer posted revenue of $486.9 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $478.1 million.

For the year, the company reported a loss of $66.2 million, or 76 cents per share, swinging to a loss in the period. Revenue was reported as $1.89 billion.

Century shares have increased 27 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.29, a fall of 59 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