Century Aluminum Q1 sales and EBITDA beat estimates on higher realized prices

Century Aluminum

07/05/2026 22:00

Overview

U.S. aluminum producer's Q1 sales rose sequentially, beating analyst expectations

Adjusted EBITDA for Q1 increased and beat analyst expectations

Net income surged on one-time gains from Hawesville sale and insurance proceeds

Outlook

Century Aluminum expects Q2 adjusted EBITDA between $315 mln and $335 mln

Result Drivers

HIGHER REALIZED METAL PRICES - Co said increased realized aluminum prices drove sequential net sales growth despite lower shipments

FAVORABLE SALES MIX AND OPERATING EXPENSES - Adjusted EBITDA rose mainly due to favorable realized metal prices, sales mix and operating expenses, partially offset by unfavorable power and raw material prices

EQUIPMENT FAILURE AND WEATHER IMPACTS - Lower shipments and increased costs were linked to Iceland equipment failure and extreme winter weather in the U.S.

Company press release: ID:nGNX9mHTZg

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$649.20 mln
$636.35 mln (4 Analysts)
Q1 Adjusted EPS
Miss
$1.63
$1.80 (2 Analysts)
Q1 EPS
$3.23
Q1 Net Income
$337.50 mln
Q1 Adjusted EBITDA
Beat
$231.40 mln
$225.85 mln (4 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Century Aluminum Co is $62.34, about 0.4% below its May 6 closing price of $62.62

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)