Central Puerto (NYSE:CEPU) Posts Quarterly Earnings Results, Misses Expectations By $0.19 EPS

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

Central Puerto Price Performance

Shares of CEPU opened at $12.71 on Thursday. The company has a quick ratio of 1.96, a current ratio of 2.13 and a debt-to-equity ratio of 0.19. Central Puerto has a fifty-two week low of $5.76 and a fifty-two week high of $12.88. The company has a market cap of $1.92 billion, a P/E ratio of 4.98 and a beta of 1.23. The firm’s 50 day moving average price is $10.51 and its 200 day moving average price is $9.70.

Wall Street Analysts Forecast Growth

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

About Central Puerto

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.