NuScale Power (NYSE:SMR – Get Free Report) is set 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. Parties that wish to listen to the company’s conference call can do so using this link.
NuScale Power (NYSE:SMR – Get Free Report) last posted its 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 during the quarter, compared to analyst estimates 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 Down 5.4 %
Shares of 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 company’s fifty day moving average is $5.33 and its 200-day moving average is $3.75. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -7.29 and a beta of 0.98.
Analyst Ratings Changes
Check Out Our Latest Stock Report on SMR
Insider Transactions at NuScale Power
In related news, insider Clayton Scott sold 7,191 shares of the 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 completion of the sale, the insider now owns 43,549 shares in the company, valued at approximately $263,035.96. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Clayton Scott sold 7,191 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $263,035.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Robert K. Temple sold 23,806 shares of the stock in a transaction on Monday, May 6th. The shares were sold at an average price of $6.07, for a total transaction of $144,502.42. Following the completion of the sale, the general counsel now directly owns 19,054 shares of the company’s stock, valued at $115,657.78. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 115,899 shares of company stock worth $590,771. Company 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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