Core Viewpoint - Centrus Energy Corp. shares experienced an 8.4% increase, closing at $158.13, attributed to higher trading volume and a 57.6% gain over the past four weeks, following a significant contract opportunity for its partner, Oklo Inc. [1] Group 1: Business Developments - Oklo Inc. received a Notice of Intent to Award (NOITA) from the Defense Logistics Agency Energy to provide clean power to Eielson Air Force Base in Alaska, designating it as the "apparent successful offeror" [2] - The agreement entails Oklo designing, building, owning, and operating a power plant to supply electricity and heat to the Air Force base under a long-term power purchase agreement [2] Group 2: Financial Expectations - Centrus Energy has a memorandum of understanding with Oklo to supply High-Assay Low-Enriched Uranium (HALEU) fuel for Oklo's Aurora reactors, which is expected to provide stable business if Oklo secures the award [3] - The upcoming quarterly earnings for Centrus Energy are projected at $0.71 per share, reflecting a year-over-year decline of 62.4%, with revenues expected to be $133.97 million, down 29.1% from the previous year [3] Group 3: Market Sentiment - The consensus EPS estimate for Centrus Energy has been revised 6.8% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [5] - Centrus Energy currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong market sentiment towards the stock [5] - In comparison, Energy Fuels, another company in the same industry, has a Zacks Rank of 4 (Sell) and has seen a 20% change in its EPS estimate over the past month [6]

Wednesday was a good day to be an investor in either nuclear stocks or the suppliers that provide fuel for them. Happily for Centrus Energy (LEU 8.37%), it covers both these bases.On the back of news that a peer has secured an important new government contract, investors piled into Centrus stock and pushed it to a nearly 9% gain in price on Wednesday. That was a far better performance than that of the S&P 500 index, which sagged by 0.3%.It's good to have the right partnerThe peer in question was ambitious n ...