Preview Of Just Energy Group, Inc. ($JE) 2Q21 Earnings

Just Energy Group, Inc. (NYSE:JE) is set to announce second quarter earning results on Wednesday 11th November 2020, after market close.

Previous Quarter Performance

Just Energy Group, Inc. came out with income for the first quarter of $ 0.32 per share, from the revenue of $ 487.37 million. Wall street analysts are predicting, JE to report 1Q21 income of $ 0.15 per share from revenue of $ 873.77 million. The bottom line results beat street analysts by $ 0.17 or 113.33 percent, at the same time, top line results fell short of analysts by $ 386.4 million or 44.22 percent.

Stock Performance

Shares of Just Energy Group, Inc. traded up $ 0.42 or 7.76 percent on Tuesday, reaching $ 5.83 with volume of 1.76 million shares. Just Energy Group, Inc. has traded high as $ 5.94 and has cracked $ 5.42 on the downward trend

The closing price of $ 5.83, representing a 26.70 % increase from the 52 week low of $ 4.27 and a 94.23 % decrease over the 52 week high of $ 93.72.

The company has a market capital of $ 275.92 million and is part of the Utilities sector and Utilities – Diversified industry.

Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States, Canada, the United Kingdom, and internationally. It operates through Consumer Energy and Commercial Energy segments. The company offers longer-term price-protected, flat-bill, and variable rate product offerings.

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