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

Central Puerto (NYSE:CEPU) issued 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 company had revenue of $185.00 million for the quarter, compared to the consensus estimate of $200.26 million. Central Puerto had a return on equity of 21.93% and a net margin of 56.44%.

Central Puerto Trading Up 4.2 %

Central Puerto stock traded up $0.51 during midday trading on Wednesday, hitting $12.71. 605,223 shares of the stock were exchanged, compared to its average volume of 324,913. Central Puerto has a 52 week low of $5.76 and a 52 week high of $12.88. The company has a quick ratio of 1.96, a current ratio of 2.13 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $1.92 billion, a PE ratio of 4.98 and a beta of 1.23. The company has a fifty day simple moving average of $10.51 and a two-hundred day simple moving average of $9.70.

Wall Street Analyst Weigh In

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