Century Aluminum (Nasdaq: CENX ) is expected to report Q2 earnings around July 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Century Aluminum's revenues will drop -2.8% and EPS will remain in the red.
The average estimate for revenue is $314.6 million. On the bottom line, the average EPS estimate is -$0.11.
Last quarter, Century Aluminum notched revenue of $321.3 million. GAAP reported sales were 1.5% lower than the prior-year quarter's $326.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.06. GAAP EPS were $0.09 for Q1 against -$0.05 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 5.5%, 80 basis points worse than the prior-year quarter. Operating margin was 0.1%, 250 basis points worse than the prior-year quarter. Net margin was 2.6%, 390 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.40 billion. The average EPS estimate is -$0.19.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 430 members out of 472 rating the stock outperform, and 42 members rating it underperform. Among 117 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 106 give Century Aluminum a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Century Aluminum is hold, with an average price target of $8.63.
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