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Ultrapetrol Bahamas releases quarterly earnings results

Ultrapetrol Bahamas (NASDAQ:ULTR) released its earnings data on Wednesday. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.05, Stock Ratings Network.com reports. The company had revenue of $86.30 million for the quarter, compared to the consensus estimate of $69.46 million. 

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The Legacy
Thursday, May 15, 2014
Thursday, May 15, 2014

Ultrapetrol Bahamas (NASDAQ:ULTR) released its earnings data on Wednesday. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.05, Stock Ratings Network.com reports. The company had revenue of $86.30 million for the quarter, compared to the consensus estimate of $69.46 million.

Shares of Ultrapetrol Bahamas (NASDAQ:ULTR) traded down 1.02% on Wednesday, hitting $2.92. The stock had a trading volume of 50,328 shares. Ultrapetrol Bahamas has a 52-week low of $2.22 and a 52-week high of $3.98. The stock has a 50-day moving average of $2.97 and a 200-day moving average of $3.34. The company has a market cap of $410.0 million and a price-to-earnings ratio of 59.00.

[Note: Any reference to ratings and its underlying recommendation does not reflect the opinion of The Bahamas Investor or any of its contributors.]

This is an excerpt from The Legacy as it appeared on May 15, 2014. For updates or to read the current version of this post in its entirety, please click here.

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