Energy Fuels Q1 EPS $0.02, Inline, Sales $25.43M Miss $26.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Energy Fuels (AMEX:UUUU) reported Q1 earnings of $0.02 per share, meeting analyst estimates but marking a 97.22% decrease from last year's $0.72. Sales were $25.43M, missing the $26.25M estimate, yet representing a 29.64% increase from the previous year.
May 03, 2024 | 8:44 pm
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Energy Fuels reported Q1 EPS of $0.02, in line with estimates but significantly lower than last year's $0.72. Sales were $25.43M, missing estimates by a small margin but showing strong year-over-year growth.
While Energy Fuels met EPS estimates, the significant decrease from last year's earnings and the slight miss in sales estimates could lead to mixed investor sentiment. However, the year-over-year sales growth indicates underlying strength, potentially balancing out the negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100