Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Centrus Energy Corp (LEU)
:LEU
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.01Last Year’s EPS
-0.38Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 39.34%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
Centrus Energy had a strong year with significant revenue growth, multiple DOE contract wins, a strengthened financial position, and strategic investments in manufacturing capacity. However, challenges such as decreased net income, export issues with TENEX, and increased costs were noted. Overall, the positive aspects outweigh the negative, indicating a promising outlook.Company Guidance
During the Centrus Energy fourth quarter fiscal year 2024 conference call, the company provided detailed guidance on its recent achievements and future outlook. Centrus reported a substantial 40% increase in revenue to $442 million for 2024, with a gross profit of $111.5 million. The company highlighted its growing backlog of $3.7 billion through 2040, driven by long-term contingent low-enriched uranium (LEU) sales commitments. Additionally, Centrus secured multiple Department of Energy (DOE) contracts for high-assay low-enriched uranium (HALEU) enrichment and deconversion, supported by $3.4 billion in congressional appropriations. The company also strengthened its capital position by issuing $402.5 million in convertible senior notes and initiated a $60 million investment to enhance centrifuge manufacturing. Furthermore, Centrus emphasized its strategic position as the only American company with a proven enrichment technology and discussed efforts to de-risk its supply chain in response to geopolitical challenges, including issues related to Russian supplier TENEX.Significant Revenue Growth
Centrus Energy achieved $442 million in revenue for the full year 2024, a 40% year-over-year increase, driven by growth in both uranium and SWU revenue.
DOE Contract Awards
In 2024, Centrus Energy won multiple DOE contract awards for HALEU deconversion, HALEU enrichment, and LEU production, positioning the company to benefit from over $3.4 billion in federal investments.
Strong Financial Position
The company strengthened its capital position by issuing $402.5 million of convertible senior notes and reduced pension plan obligations by approximately $280 million.
Expansion of Manufacturing Capacity
Centrus announced a $60 million investment to expand centrifuge manufacturing capacity at its Oak Ridge facility, aiming to enhance readiness for future DOE task orders.
Positive Cash Flow and Backlog Growth
The company ended 2024 with a cash balance of $671.4 million and a total backlog of $3.7 billion extending to 2040.
---
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 |
|---|---|---|---|
| Feb 06, 2025 | $81.81 | $108.91 | +33.13% |
| Oct 28, 2024 | $93.88 | $104.95 | +11.79% |
| Aug 06, 2024 | $36.00 | $42.30 | +17.50% |
| May 07, 2024 | $44.30 | $42.13 | -4.90% |
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 Corp (LEU) report earnings?
Centrus Energy Corp (LEU) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Centrus Energy Corp (LEU) earnings time?
Centrus Energy Corp (LEU) earnings time is at May 13, 2025, TBA Not 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 2025 (Q1) is 0.01.
---