Energy Fuels Inc (UUUU) Expected to Post Quarterly Sales of $14.70 Million

Equities research analysts expect that Energy Fuels Inc (NASDAQ:UUUU) will announce sales of $14.70 million for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Energy Fuels’ earnings, with estimates ranging from $10.80 million to $18.60 million. Energy Fuels reported sales of $26.97 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 45.5%. The firm is expected to report its next quarterly earnings results on Friday, August 2nd.

On average, analysts expect that Energy Fuels will report full year sales of $56.02 million for the current fiscal year, with estimates ranging from $43.10 million to $70.05 million. For the next fiscal year, analysts anticipate that the business will post sales of $77.67 million, with estimates ranging from $68.90 million to $86.44 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover Energy Fuels.

Energy Fuels (NASDAQ:UUUU) last issued its quarterly earnings data on Tuesday, March 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.02). The business had revenue of $3.04 million for the quarter, compared to the consensus estimate of $6.54 million.

Separately, BidaskClub upgraded Energy Fuels from a “sell” rating to a “hold” rating in a research note on Tuesday, February 5th.

NASDAQ:UUUU traded down $0.05 during trading hours on Friday, hitting $2.71. The stock had a trading volume of 1,051,500 shares, compared to its average volume of 925,487. Energy Fuels has a 1-year low of $1.82 and a 1-year high of $4.09.

Energy Fuels Company Profile

Energy Fuels, Inc operates as a mining development company, which engages in the exploration of uranium and vanadium. The company was founded by George E. L. Glasier on June 24, 1987 and is headquartered in Lakewood, CO.

See Also: Earnings Per Share (EPS)

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