Earnings ·
Century Aluminum reports Q3 net income of $302.6M, or $2.89 per share
CENXCentury Aluminum Co
Century Aluminum reported third-quarter 2026 net income attributable to the company of $302.6 million, or diluted earnings per share of $2.89, compared to $249.3 million and $2.39 in the prior quarter. Net sales increased 27.8% sequentially to $961.2 million, driven by a rise in aluminum shipments to 173,483 tonnes following the restart of Line 2 at its Grundartangi facility in Iceland and favorable realized metal prices. Adjusted net income was $271.6 million, or $2.58 per share, while adjusted EBITDA reached $331.6 million. The company expects fourth-quarter adjusted EBITDA to range between $275 million and $300 million. Century Aluminum owns and operates primary aluminum smelting facilities in the United States and Iceland.