Central Puerto S.A. (NYSE:CEPU) is reporting third quarter financial results on Wednesday 11th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, CEPU is expected to report 3Q20 income of $ 0.62 per share from revenue of $ 145.23 million.
For the full year, analysts anticipate top line of $ 538.17 million, while looking forward to income of $ 0.84 per share bottom line.
Previous Quarter Performance
Central Puerto S.A. communicated income for the second quarter of $ 0.02 per share, from the revenue of $ 106.04 million. The quarterly earnings declined 90.48 percent while revenues dropped 20.07 percent compared with the same quarter last year.
Street analysts expected Central Puerto S.A. to report income of $ 0.15 per share on revenue of $ 172.75 million for the second quarter. The bottom line results missed street analysts by $ 0.13 or 86.67 percent, at the same time, top line results fell short of analysts by $ 66.71 million or 38.62 percent.
Stock Performance
Shares of Central Puerto S.A. traded up $ 0.11 or 4.60 percent on Tuesday, reaching $ 2.50 with volume of 300.00 thousand shares. Central Puerto S.A. has traded high as $ 2.54 and has cracked $ 2.38 on the downward trend
The closing price of $ 2.50, representing a 28.49 % increase from the 52 week low of $ 1.86 and a 56.55 % decrease over the 52 week high of $ 5.50.
The company has a market capital of $ 758.54 million and is part of the Utilities sector and Utilities – Regulated Electric industry.
Central Puerto S.A. generates and sells electric power to private and public customers in Argentina. It also produces steam.
