Centrus Energy (LEU) is set to release its fourth-quarter 2024 results on Feb. 6, after market close. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for LEU’s fourth-quarter sales is pegged at $105.20 million, implying 1.5% growth from the prior-year quarter’s figure. The consensus mark for earnings is pegged at $1.06 per share, indicating a year-over-year plunge of 70.4%. Earnings estimates have remained unchanged in the past 30 days. Image Source: Zacks ...

Analysts on Wall Street project that Centrus Energy Corp. (LEU) will announce quarterly earnings of $1.06 per share in its forthcoming report, representing a decline of 70.4% year over year. Revenues are projected to reach $105.2 million, increasing 1.5% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over th ...

BETHESDA, Md., Jan. 24, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, February 7, 2025, at 8:30 a.m. ET. The Company will release its fourth quarter and full year earnings report for 2025, which ended December 31, 2025, after the close of markets on Thursday, February 6.The conference call will be open to listeners who log in through the Company's website, CentrusEnergy.co ...

Six nuclear stocks. Which one should you buy?2024 may become known as the year America fell back in love with nuclear power. Will 2025 be the year we get serious about it?You've all read the headlines by now. You know how Microsoft is partnering with Constellation Energy to restart nuclear power at Three Mile Island.You've probably also heard about Alphabet partnering with Kairos Power to produce electricity for its artificial intelligence (AI) servers. And how Amazon.com actually went out and bought itself ...

BETHESDA, Md., Dec. 16, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE America: LEU) today announced that management are scheduled to participate in Goldman Sachs Energy, CleanTech & Utilities Conference on January 8. The company will participate in a fireside chat at 2:20PM ET on Wednesday, January 8, 2025, and host one-on-one investor meetings that day. A webcast of the fireside chat will be available on Centrus' Investor Relations website: https://investors.centrusenergy.com/. To request an invitation o ...

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Shares of Centrus Energy Corp. (LEU) rose 5% yesterday following the announcement that its subsidiary, American Centrifuge Operating, LLC ("ACO") has secured an award from the U.S Department of Energy (DOE) to expand commercial production of Low-Enriched Uranium (LEU) . This marks Centrus’ third win under DOE's Nuclear Fuel Supply Program this year. This reinforces Centrus’ alignment with the U.S. government’s goal to reduce reliance on Russian imports, build a resilient fuel supply chain for the U.S. nucle ...

Core Points - Centrus Energy's subsidiary, American Centrifuge Operating, LLC, has received an award from the U.S. Department of Energy to enhance domestic production of Low-Enriched Uranium (LEU) [1][2] - This marks the third selection for Centrus under the DOE's Nuclear Fuel Supply Program, aimed at restoring the U.S. nuclear fuel supply [1][2] - The contract has a minimum value of $2 million and a maximum potential value of $3.4 billion over ten years, depending on future task orders from the DOE [2] Company Developments - Centrus is resuming centrifuge manufacturing and expanding its Tennessee facility, with an investment of $60 million planned over 18 months to meet commercial and government demands [3] - The manufacturing of centrifuges and supporting equipment will be conducted exclusively in the U.S., utilizing a domestic supply chain involving 14 major suppliers across 13 states [4] - Centrus has also been awarded contracts for producing High-Assay, Low-Enriched Uranium (HALEU) and for deconversion processes related to HALEU [5] Industry Context - Centrus Energy is positioned as a key player in the nuclear fuel industry, contributing to the growing demand for clean and carbon-free energy solutions [6][7] - The company aims to restore America's uranium enrichment capabilities, which are critical for national security and energy independence [7]

Shares of Centrus Energy Corp. (LEU) fell 10% yesterday after it announced that its main supplier TENEX’s export license has been rescinded as Russia has banned the export of low-enriched uranium to the United States or U.S.-registered entities. Per the current mandate, TENEX has to obtain a specific export license to ship low-enriched uranium to Centrus. If it fails, Centrus may face challenges in fulfilling its delivery commitments to customers, which could affect its results.The Centrus Energy stock clos ...

Core Insights - Centrus Energy Corp. is resuming centrifuge manufacturing and expanding its capacity with an investment of approximately $60 million over the next 18 months to support potential large-scale uranium enrichment expansion [1][3] - The company has secured over $2 billion in contingent purchase commitments from customers for future production of Low-Enriched Uranium (LEU) and received two awards from the U.S. Department of Energy for enrichment and deconversion of High-Assay, Low-Enriched Uranium (HALEU) [2][4] - Centrus aims to restore U.S. uranium enrichment capacity at scale, reducing dependence on foreign nations and ensuring a reliable fuel supply for reactors [3][4] Company Developments - The investment will facilitate a public-private partnership necessary for large-scale uranium enrichment, with Centrus emphasizing the importance of federal investment alongside customer commitments [3][4] - Centrus' American Centrifuge technology is manufactured in Oak Ridge, Tennessee, supported by a supply chain of 14 major American suppliers across at least 13 states [3] - The company is competing for over $3.4 billion appropriated by Congress to the Department of Energy to boost domestic nuclear fuel production [4] Industry Context - The U.S. Department of Energy has selected Centrus as one of four awardees for contracts aimed at expanding domestic commercial production of HALEU, with a minimum contract value of $2 million and a ceiling of $2.7 billion for all awardees [4] - Centrus has provided over 1,850 reactor years of fuel since 1998, equivalent to more than 7 billion tons of coal, highlighting its role in meeting the growing demand for clean energy [5]