Jefferies has reiterated its Hold rating on shares of USEC Inc. USU and is lowering its 2011E EPS.
“Q4 EPS of $0.05 is $0.05 above consensus,” Jefferies writes. “USEC is forecasting a net loss in 2011 on lower revenues due to the transition of its cold shutdown contract, higher production costs and expected ACP costs. We are lowering 2011E EPS by $1.05 to a loss of $0.25.”
USEC Inc. closed Wednesday at $5.23.
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