USEC has substantially missed analyst earnings estimates, which have been lowered each time for each of the past four quarters.
The one analyst still covering USEC has an estimate ninety percent below a year ago. Meanwhile SWU prices have fallen and expenses are up. I don't expect a big pop on an earnings beat when they announce.
Definitely NO. Surely expect mgmt to announce the reverse split. They should do a 20:1 RS putting PPS at $10 per share and then sell 50mm new shares at $9.50 to raise 475mm in cash to work towards ACP approval. Oops. That is some serious dilution my friends and another smack in the face to equity.
Longer-term equity holders are already down 90% or more. So, does it really matter any more? :-(