Central Puerto (NYSE:CEPU) Issues Quarterly Earnings Results

by · The Markets Daily

Central Puerto (NYSE:CEPU – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.19), Zacks reports. Central Puerto had a return on equity of 21.93% and a net margin of 56.44%. The firm had revenue of $185.00 million during the quarter, compared to analyst estimates of $200.26 million.

Central Puerto Stock Up 1.4 %

Shares of CEPU stock traded up $0.17 during trading hours on Wednesday, reaching $12.37. The company had a trading volume of 144,652 shares, compared to its average volume of 322,699. The business has a fifty day simple moving average of $10.44 and a 200-day simple moving average of $9.67. Central Puerto has a 12 month low of $5.76 and a 12 month high of $12.55. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 4.78 and a beta of 1.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.13 and a quick ratio of 1.96.

Wall Street Analysts Forecast Growth

Separately, Bank of America raised their target price on Central Puerto from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 11th.

View Our Latest Research Report on CEPU

About Central Puerto

(Get Free Report)

Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.

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