Monday, June 11, 2012

EnergySolutions (NYSE: ES) cuts outlook, shares dip

EnergySolutions (NYSE: ES) cuts outlook, shares dipOrlando, FL 6/11/12 (StreetBeat) -- EnergySolutions Inc. (NYSE: ES) fell 30% in premarket trades Monday. The company named board member David Lockwood as chief executive officer of the Salt Lake City, Utah, nuclear decommissioning and transportation services company.

EnergySolutions also lowered its outlook for its adjusted 2012 earnings before interest, taxes, depreciation and amortization, or EBITDA, to a range of $130 million to $140 million, from $150 million to $160 million.

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