Centrus Energy Q1 2024 GAAP EPS $(0.38) Misses $0.55 Estimate, Sales $43.70M Miss $76.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Centrus Energy (AMEX:LEU) reported Q1 2024 earnings with a GAAP EPS of $(0.38), missing the $0.55 estimate, and sales of $43.70M, falling short of the $76.90M estimate. This represents a 34.68% decrease in sales compared to the same period last year.
May 08, 2024 | 12:55 pm
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NEGATIVE IMPACT
Centrus Energy reported significant misses in both EPS and sales for Q1 2024, with a 34.68% decrease in sales year-over-year.
The significant miss in both earnings per share and sales compared to analyst estimates, coupled with a substantial year-over-year decrease in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100