Centrus Energy Q2 2024 GAAP EPS $1.89 Beats $0.74 Estimate, Sales $189.000M Beat $86.833M Estimate
Portfolio Pulse from Benzinga Newsdesk
Centrus Energy (AMEX:LEU) reported Q2 2024 earnings per share (EPS) of $1.89, significantly beating the analyst consensus estimate of $0.74 by 155.41%. The company also reported quarterly sales of $189 million, surpassing the estimate of $86.833 million by 117.66%. This represents a 92.07% increase over sales of $98.4 million in the same period last year.
August 06, 2024 | 8:44 pm
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Centrus Energy reported outstanding Q2 2024 results with EPS of $1.89, beating estimates by 155.41%, and sales of $189 million, exceeding expectations by 117.66%. This strong performance indicates robust growth and could positively impact the stock price in the short term.
The significant beat on both EPS and sales estimates, along with a substantial year-over-year sales increase, suggests strong operational performance and growth potential. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100