Century Aluminum reports Q3 adjusted EPS (13c), consensus (15c)

Reports Q3 revenue $545.2M, consensus $500.73M. “Century made progress on its long-term initiatives in the third quarter,” commented President and Chief Executive Officer Jesse Gary. “We were very pleased to reach agreement on a new three-year power contract for our Mt. Holly smelter that should enable us to continue to invest in this excellent smelter and its employees for years to come. In Iceland, our new billet casthouse at Grundartangi is nearing completion, and we are already experiencing strong customer engagement for our new Natur-AlTM low-carbon billet products.”