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

Centrus Energy (NYSE:LEU) released its quarterly 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 company had revenue of $189.00 million during the quarter, compared to analysts’ expectations of $82.70 million. Centrus Energy had a return on equity of 634.20% and a net margin of 22.96%.

Centrus Energy Price Performance

Shares of Centrus Energy stock traded down $0.39 during mid-day trading on Friday, reaching $40.28. 107,784 shares of the stock traded hands, compared to its average volume of 227,740. The company has a quick ratio of 0.83, a current ratio of 1.44 and a debt-to-equity ratio of 3.67. The business has a 50-day moving average of $43.04 and a 200 day moving average of $43.86. The stock has a market capitalization of $631.59 million, a PE ratio of 8.86 and a beta of 1.33. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $61.35.

Analyst Ratings Changes

A number of research firms have recently commented on LEU. Roth Mkm cut their price objective 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.