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EnergySolutions (ES): Q2 EPS of $0.06 beats by $0.02. Revenue of $392.6M (-2.7% Y/Y) misses by...

  • Wednesday, August 8, 2012, 8:09 AM ET
    EnergySolutions (ES): Q2 EPS of $0.06 beats by $0.02. Revenue of $392.6M (-2.7% Y/Y) misses by $14M. (PR)
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  • Well for a stock down over 60% the last 3 months that is a pretty good report. 3% miss on revenue and only -3% rev Y/Y.

    Long ES
    8 Aug 2012, 08:41 AM Reply Like
  • ES is a waiting game....almost cyclical because sooner or later, nuclear plants either need to start discarding their waste (most of their customers have been stockpiling for quite some time) or shutting the plants down entirely and ED is well positioned for either scenario....they just need to do a better job working with their customers to forecast their game plan so ES own forecast comes more inline than blowing away their #s or falling way short which they've done lately and in that order....Long ES
    8 Aug 2012, 09:26 AM Reply Like
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