Ultrapetrol Bahamas (ULTR) Releases Quarterly Earnings, Misses Estimates By $0.05 EPS
Ultrapetrol Bahamas (NASDAQ:ULTR) released its earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.07 by $0.05, Analyst Ratings.Net reports. The company had revenue of $99.40 million for the quarter, compared to the consensus estimate of $81.45 million.
Ultrapetrol Bahamas (NASDAQ:ULTR) traded up 0.87% during mid-day trading on Thursday, hitting $3.48. 25,991 shares of the company’s stock traded hands. Ultrapetrol Bahamas has a 1-year low of $2.61 and a 1-year high of $3.98. The stock has a 50-day moving average of $3.28 and a 200-day moving average of $3.16. The company has a market cap of $488.7 million and a P/E ratio of 59.48.
Ultrapetrol (NASDAQ:ULTR) Limited is an industrial shipping company serving the marine transportation needs of clients in the geographic markets.
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