Centrus Energy (LEU)
NYSE:LEU
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.01Last Year’s EPS
1.59Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly constructive outlook driven by a large contracted backlog ($3.9B), a major DOE HALEU award, strong cash reserves ($1.9B), strategic partnerships, identified cost savings (~$300M), and an upward revision to 2026 revenue guidance. These positives are tempered by near-term profitability pressure from increased expansion-related (advanced technology) costs, a meaningful year-over-year decline in GAAP net income and EPS, reduced LEU/SWU volumes in the quarter, and some execution/timing uncertainty around pending government awards and project milestones. Overall, the operational momentum, funding runway, and strategic initiatives outweigh the transitory cost and timing headwinds, supporting a favorable outlook while acknowledging execution risk during build-out.Company Guidance
Revenue and Profitability (Q1 2026)
Reported Q1 revenue of $76.7 million, up $3.6 million (5%) year-over-year; gross profit of $31.5 million (TTM gross profit $116.1 million); operating income of $0.8 million; net income of $10.0 million; diluted EPS $0.45. Introduced adjusted metrics: adjusted net income $23.5 million and adjusted diluted EPS $1.05.
Trailing Twelve-Month Scale
TTM revenue of $452.3 million and TTM net income of $60.6 million (adjusted net income TTM $87.8 million), providing a broader, stabilized view of business performance amid quarter-to-quarter variability.
Material Backlog and Contracted Pipeline
Total backlog of $3.9 billion through 2040, comprised of $3.1 billion in LEU (including $700 million broker-dealer backlog and $2.4 billion contingent LEU enrichment sales under definitive agreement) and $0.8 billion in Technical Solutions.
Significant Government Award and HALEU Production
Won a $900 million HALEU enrichment award from the U.S. Department of Energy (potential to exceed $1 billion, subject to negotiations). Since commencing HALEU operations contract, contractually produced over 1.6 metric tons of HALEU UF6 for the government.
Capital Strength and Funding Optionality
Ended Q1 with $1.9 billion in unrestricted cash and did not access ATM; combined with the DOE HALEU award milestone structure provides roughly $2.8 billion of funding potential. Company states sufficient near-term funding for capital requirements.
Manufacturing Build-Out and Strategic Partnerships
Launched a $560 million investment in Oak Ridge centrifuge manufacturing and signed three strategic partners: Fluor (EPC), Palantir (data/AI/optimization), and Geiger Brothers (construction). Identified approximately $300 million in potential cost savings and lead-time improvements tied to these partnerships.
Raised 2026 Revenue Guidance and Workforce Targets
Raised fiscal 2026 revenue guidance to $450–$500 million (from $425–$475 million). Reaffirmed other 2026 targets: total capital spend $350–$500 million, release a certified-for-construction package, finalize contracts with 100% of critical partners, and increase Piketon workforce additions to 100+ net new employees (previously 50+).
Growth in Technical Solutions/HALEU Revenue
Technical Solutions revenue increased to $32.1 million in Q1, a $10.3 million (47%) increase year-over-year, primarily driven by the HALEU operations contract (approx. $9.8 million increase).
LEU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LEU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $206.04 | $231.32 | +12.27% |
Feb 10, 2026 | $264.99 | $210.16 | -20.69% |
Nov 05, 2025 | $325.73 | $277.78 | -14.72% |
Aug 05, 2025 | $213.80 | $232.39 | +8.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Centrus Energy (LEU) report earnings?
Centrus Energy (LEU) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Centrus Energy (LEU) earnings time?
Centrus Energy (LEU) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LEU EPS forecast?
LEU EPS forecast for the fiscal quarter 2026 (Q2) is 1.01.
