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Centrus Energy Corp (LEU)
NYSE MKT:LEU
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.25Last Year’s EPS
$3.58Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 28, 2024
|% Change Since: -27.72%
|Next Earnings Date:Mar 27, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant future opportunities and commitments in the nuclear energy sector, especially with new HALEU production awards and customer commitments. However, the current financial performance showed a quarterly net loss and declines in revenue and gross profit, reflecting challenges in the short term.Company Guidance
During the Centrus Energy third-quarter 2024 earnings call, the company reported $57.7 million in revenue, a gross profit of $8.9 million, and a net loss of $5 million. The company's LEU segment generated $34.8 million in revenue, with a gross profit of $5.2 million, while the Technical Solutions segment reported a $3.7 million gross profit. Notably, Centrus secured a contract for High-Assay Low-Enriched Uranium (HALEU) production, which could potentially expand with future task orders, supported by a $3.4 billion Congressional appropriation for domestic nuclear fuel production. The company's backlog extends to 2040 and is valued at $3.8 billion, with LEU commitments comprising $2.8 billion of this total. The call highlighted Centrus' strategic positioning as the only U.S.-based company with American technology and workforce capabilities in uranium enrichment.HALEU Production Awards
Centrus was selected by the Department of Energy for awards aimed at expanding HALEU production and deconversion, with a total contract ceiling of $2.7 billion over 10 years.
Significant Customer Commitments
Secured approximately $2 billion in customer commitments for new LEU production capacity in Piketon, contingent on securing necessary public and private investment.
Strong Industry Momentum
Increased interest and investments from major tech companies and the U.S. military in nuclear energy, indicating a positive outlook for future demand.
Technical Solutions Segment Growth
The Technical Solutions segment generated $3.7 million in gross profit, an improvement of $2.5 million from the prior year.
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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
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LEU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| Feb 08, 2024 | $46.54 | $45.69 | -1.83% |
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.
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FAQ
When does Centrus Energy Corp (LEU) report earnings?
Centrus Energy Corp (LEU) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is Centrus Energy Corp (LEU) earnings time?
Centrus Energy Corp (LEU) earnings time is at Mar 27, 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 2024 (Q4) is $1.25.
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