Central Puerto (NYSE:CEPU) Issues Quarterly Earnings Results

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

Central Puerto Stock Performance

Shares of Central Puerto stock opened at $12.71 on Thursday. The firm’s fifty day simple moving average is $10.51 and its 200-day simple moving average is $9.70. Central Puerto has a 12 month low of $5.76 and a 12 month high of $12.88. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 4.98 and a beta of 1.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.13 and a quick ratio of 1.96.

Analyst Ratings Changes

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 research note on Wednesday, September 11th.

Central Puerto Company Profile

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.