Century Aluminum (CENX) saw its stock price plummet 6.23% in Wednesday's trading session, despite reporting positive first-quarter earnings for 2025. The significant drop suggests that the company's financial results may have fallen short of market expectations or raised concerns about future performance.
According to the company's Q1 2025 earnings report, Century Aluminum posted an earnings per share (EPS) of $0.29, with an adjusted EPS of $0.36. The aluminum producer reported a net income of $29.7 million and sales of $633.9 million for the quarter. Additionally, the company's adjusted EBITDA stood at $78 million.
While these figures represent positive performance, the market's negative reaction indicates that investors may have been anticipating even stronger results or are concerned about other factors affecting the company's outlook. The aluminum industry is known for its sensitivity to global economic conditions and commodity prices, which could be influencing investor sentiment despite the seemingly solid quarterly performance.