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

Centrus Energy (NYSE:LEU) released its earnings results 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. The firm had revenue of $189.00 million during the quarter, compared to the consensus estimate of $82.70 million. Centrus Energy had a return on equity of 634.20% and a net margin of 22.96%.

Centrus Energy Stock Down 2.0 %

Shares of NYSE:LEU traded down $0.82 during trading on Friday, reaching $39.85. 28,350 shares of the company traded hands, compared to its average volume of 227,221. The firm has a fifty day simple moving average of $43.24 and a 200 day simple moving average of $43.88. The firm has a market cap of $624.85 million, a P/E ratio of 9.06 and a beta of 1.33. Centrus Energy has a 1-year low of $33.51 and a 1-year high of $61.35. The company has a quick ratio of 0.83, a current ratio of 1.44 and a debt-to-equity ratio of 3.67.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on LEU shares. Roth Mkm cut their target price on Centrus Energy from $62.00 to $55.00 and set a “buy” rating for the company in a research report on Thursday. StockNews.com raised shares of Centrus Energy to a “sell” rating in a research note on Wednesday.

About Centrus Energy

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.