Centrus Energy (NYSE:LEU) Releases Earnings Results, Misses Expectations By $0.48 EPS

Centrus Energy (NYSE:LEU - Get Free Report) posted its earnings results on Monday. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.48), Zacks reports. Centrus Energy had a net margin of 22.96% and a return on equity of 299.92%. The firm had revenue of $57.70 million during the quarter, compared to analysts' expectations of $56.50 million.

Centrus Energy Stock Performance

NYSE LEU traded up $9.71 on Tuesday, hitting $103.59. 2,098,716 shares of the company's stock were exchanged, compared to its average volume of 342,843. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.02. The firm's 50-day moving average price is $54.87 and its two-hundred day moving average price is $47.31. Centrus Energy has a fifty-two week low of $33.51 and a fifty-two week high of $105.28. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 15.69 and a beta of 1.32.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LEU. Roth Capital downgraded Centrus Energy from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 10th. StockNews.com raised Centrus Energy to a "sell" rating in a research note on Wednesday, August 7th. Finally, Roth Mkm downgraded Centrus Energy from a "buy" rating to a "neutral" rating and upped their price objective for the company from $55.00 to $62.00 in a research note on Thursday, October 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $67.00.

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.