UNS Energy Corp (UNS) Announces Quarterly Results
UNS Energy Corp (NYSE:UNS) announced its earnings results on Tuesday. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.33 by $0.01, Analyst Ratings News reports. The company had revenue of $350.16 million for the quarter, compared to the consensus estimate of $356.80 million.
On the ratings front, analysts at Zacks downgraded shares of UNS Energy Corp from an “outperform” rating to a “neutral” rating in a research note on Thursday, November 28th. They now have a $54.10 price target on the stock. Five investment analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and a consensus target price of $52.20.
Shares of UNS Energy Corp (NYSE:UNS) opened at 60.39 on Tuesday. UNS Energy Corp has a 1-year low of $42.51 and a 1-year high of $60.57. The stock’s 50-day moving average is $59.82 and its 200-day moving average is $51.81. The company has a market cap of $2.506 billion and a P/E ratio of 20.82.
UNS Energy Corporation, formerly UniSource Energy Corporation, is a holding company. The Company owns the outstanding common stock of Tucson Electric Power Company (NYSE:UNS), UniSource Energy Services, Inc (UES), UniSource Energy Development Company (UED), and Millennium Energy Holdings, Inc (Millennium).
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