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

Central Puerto (NYSE:CEPU) announced its quarterly earnings data on Monday. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.19), Zacks reports. Central Puerto had a return on equity of 21.76% and a net margin of 52.54%. The company had revenue of $185.00 million during the quarter, compared to the consensus estimate of $200.26 million.

Central Puerto Stock Performance

Shares of NYSE CEPU traded up $0.59 during mid-day trading on Tuesday, hitting $12.20. The company had a trading volume of 285,889 shares, compared to its average volume of 323,633. The stock’s 50-day moving average price is $10.38 and its 200-day moving average price is $9.66. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 4.98 and a beta of 1.23. The company has a current ratio of 2.13, a quick ratio of 1.96 and a debt-to-equity ratio of 0.19. Central Puerto has a 1 year low of $5.76 and a 1 year high of $12.44.

Analysts Set New Price Targets

Separately, Bank of America lifted their price target on shares of Central Puerto from $11.00 to $12.00 and gave the stock a “neutral” rating in a report 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.