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Century reports 4Q loss

CHICAGO (AP) _ Century Aluminum Co. (CENX) on Thursday reported a loss of $168.5 million in its fourth quarter.

On a per-share basis, the Chicago-based company said it had a loss of $1.93. Losses, adjusted for one-time gains and costs, were 12 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.

The aluminum producer posted revenue of $339.8 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $345.8 million.

For the year, the company reported that its loss widened to $252.4 million, or $2.90 per share. Revenue was reported as $1.32 billion.

Century shares have increased 59 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.58, more than doubling 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


Keywords: Century Aluminum, Earnings Report