Centrus Energy Corp (NYSEAMERICAN: LEU) has reported E.P.S. of $-0.38 for its first fiscal quarter (ending March 31) versus $0.49 for the same period a year ago — a decline of -178%. This result fell short of the consensus estimate of $0.81 by $-1.19. For the latest four quarters through March 31, E.P.S. were $4.63 compared to $3.98 a year ago — an increase of 16%.
Recent Price Action
On 5/7/24, Centrus Energy Corp (NYSEAMERICAN: LEU) stock declined by -2.9%, closing at $44.30. Moreover, above average trading volume at 140% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months but has risen 3.1% during the last week.
Current PriceTarget Research Rating
LEU is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Centrus Energy has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Centrus Energy has a slightly negative Appreciation Score of 38 and a slightly negative Power Rating of 30, triggering the Negative Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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