Central Puerto (NYSE:CEPU) Posts Earnings Results, Beats Expectations By $0.26 EPS

Central Puerto (NYSE:CEPU) posted its quarterly earnings results on Tuesday. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.26, Zacks reports. Central Puerto had a return on equity of 22.76% and a net margin of 56.44%.

Central Puerto Stock Down 1.0 %

Shares of NYSE CEPU traded down $0.13 during trading on Thursday, reaching $12.31. The company had a trading volume of 11,113 shares, compared to its average volume of 340,805. The business’s 50-day moving average is $13.58 and its 200 day moving average is $12.38. The company has a quick ratio of 1.97, a current ratio of 2.13 and a debt-to-equity ratio of 0.18. The stock has a market cap of $1.86 billion, a PE ratio of 4.84 and a beta of 1.18. Central Puerto has a 12-month low of $7.07 and a 12-month high of $16.60.

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.