Centrus Energy (NYSE:LEU) Issues Quarterly Earnings Results, Beats Estimates By $1.12 EPS

Centrus Energy (NYSE:LEU) released its quarterly earnings data on Tuesday. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $1.12, Zacks reports. Centrus Energy had a net margin of 22.96% and a return on equity of 634.20%. The firm had revenue of $189.00 million for the quarter, compared to analyst estimates of $82.70 million.

Centrus Energy Stock Down 1.5 %

Shares of LEU traded down $0.60 during mid-day trading on Friday, hitting $40.07. 90,249 shares of the company’s stock were exchanged, compared to its average volume of 227,626. The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.83 and a current ratio of 1.44. The company has a market cap of $628.30 million, a price-to-earnings ratio of 8.86 and a beta of 1.33. The stock’s 50-day moving average is $43.04 and its 200-day moving average is $43.86. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $61.35.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on LEU shares. StockNews.com raised Centrus Energy to a “sell” rating in a research note on Wednesday. Roth Mkm decreased their price target on shares of Centrus Energy from $62.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.