GSE Systems (GVP) Releases Quarterly Earnings, Misses Estimates By $0.04 EPS
GSE Systems (NYSE: GVP) announced its earnings results on Monday. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.04. The company had revenue of $12.70 million for the quarter, compared to the consensus estimate of $13.60 million. During the same quarter in the previous year, the company posted $0.06 earnings per share.
On a related note, analysts at Zacks downgraded shares of GSE Systems from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, February 13th. They now have a $2.50 price target on the stock.
One analyst has rated the stock with a buy rating, and one has issued a hold rating to the stock. The stock currently has a consensus rating of “overweight” and a consensus target price of $2.00.
GSE Systems (GVP) traded up 0.46% on Monday, hitting $2.1901. GSE Systems (GVP) has a 1-year low of $1.71 and a 1-year high of $3.03. The stock’s 50-day moving average is currently $2.23. The company has a market cap of $40.2 million and a price-to-earnings ratio of 14.93.
GSE Systems, Inc. (GSE Systems or GSE) provides simulation and educational solutions and services to the nuclear and fossil electric utility industry and the chemical and petrochemical industries.
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