NuScale Power (NYSE:SMR – Get Free Report) will be issuing 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. Persons interested in registering for the company’s earnings conference call can do so using this link.
NuScale Power (NYSE:SMR – Get Free Report) last announced its quarterly earnings results on Thursday, March 14th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.03). NuScale Power had a negative net margin of 255.86% and a negative return on equity of 29.93%. The business had revenue of $4.56 million for the quarter, compared to analysts’ expectations of $1.75 million. 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 Stock Performance
NYSE SMR opened at $5.66 on Wednesday. The stock has a market cap of $1.33 billion, a P/E ratio of -7.08 and a beta of 0.98. The stock has a 50 day simple moving average of $5.39 and a two-hundred day simple moving average of $3.76. NuScale Power has a fifty-two week low of $1.81 and a fifty-two week high of $11.21.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on SMR
Insider Activity
In other news, General Counsel Robert K. Temple sold 23,806 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $6.07, for a total value of $144,502.42. Following the sale, the general counsel now directly owns 19,054 shares of the company’s stock, valued at approximately $115,657.78. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, General Counsel Robert K. Temple sold 23,806 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $6.07, for a total value of $144,502.42. Following the completion of the transaction, the general counsel now directly owns 19,054 shares in the company, valued at approximately $115,657.78. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Clayton Scott sold 7,191 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 115,899 shares of company stock worth $590,771. Insiders own 1.96% of the company’s stock.
About NuScale Power
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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