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Summary: - CENX reports $2.26 EPS for Q1 2024, improvement from loss last year. - Revenues of $489.5 million, missing estimates, with primary aluminum shipments down. - Company's cash and cash equivalents up 207.5% year over year. - Outlook projects adjusted EBITDA in Q2 to be $25-$35 million. - Shares of CENX have gained 105.3% in the past year compared to industry. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Summary:
- CENX reports $2.26 EPS for Q1 2024, improvement from loss last year.
- Revenues of $489.5 million, missing estimates, with primary aluminum shipments down.
- Company's cash and cash equivalents up 207.5% year over year.
- Outlook projects adjusted EBITDA in Q2 to be $25-$35 million.
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