NuScale Power (NYSE:SMR – Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.21) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
NuScale Power (NYSE:SMR – Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.03). The business had revenue of $4.56 million during the quarter, compared to analyst estimates of $1.75 million. NuScale Power had a negative return on equity of 29.93% and a negative net margin of 255.86%. On average, analysts expect NuScale Power to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NuScale Power Trading Down 5.4 %
Shares of NYSE SMR opened at $5.83 on Tuesday. NuScale Power has a 12-month low of $1.81 and a 12-month high of $11.21. The stock has a market cap of $1.37 billion, a P/E ratio of -7.29 and a beta of 0.98. The business’s fifty day simple moving average is $5.33 and its 200-day simple moving average is $3.75.
Analysts Set New Price Targets
Read Our Latest Research Report on NuScale Power
Insiders Place Their Bets
In other news, CEO John Lawrence Hopkins sold 59,768 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $4.20, for a total value of $251,025.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Clayton Scott sold 7,191 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $6.04, for a total transaction of $43,433.64. Following the transaction, the insider now owns 43,549 shares in the company, valued at approximately $263,035.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John Lawrence Hopkins sold 59,768 shares of NuScale Power stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $4.20, for a total value of $251,025.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 115,899 shares of company stock valued at $590,771. 1.96% of the stock is owned by corporate insiders.
NuScale Power Company Profile
NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.
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