ABM Industries (NYSE:ABM) Q4 2025 Earnings Call December 17, 2025 08:30 AM ET Company ParticipantsTim Mulrooney - Partner and the Group Head of the Global Services SectorPaul Goldberg - Senior VP of Investor RelationsFaiza Alwy - Managing Director of US Company ResearchScott Salmirs - President and CEODavid Orr - Executive Vice President and CFOConference Call ParticipantsJoshua Chan - Executive Director and Equity Research AnalystMarc Riddick - Senior Equity AnalystAndrew Whittman - Senior Research Analyst ...

Core Insights - Centrus Energy is set to list on the New York Stock Exchange (NYSE) on December 4, marking a significant milestone for the company and enhancing its visibility and liquidity in the market [2]. Company Overview - Centrus Energy, headquartered in Bethesda, Maryland, has a market capitalization of $4.6 billion and operates in two main segments: Low-Enriched Uranium (LEU) and Technical Solutions [4]. - The LEU segment supplies essential nuclear fuel and enrichment services to utilities, while the Technical Solutions segment provides advanced engineering and technical support to both government and commercial clients [4]. Industry Position - Since 1998, Centrus has delivered over 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal, establishing itself as a reliable supplier of clean, carbon-free energy solutions [5]. - The company is actively working to rebuild U.S. uranium enrichment capacity to meet future energy and national security needs [5]. Stock Performance - Centrus' shares have shown significant volatility, peaking at $464.25 in October before dropping approximately 48% from that high [6]. - Despite this pullback, the stock has increased by 22% over the past 52 weeks and has surged 299% year-to-date, outperforming the broader uranium sector [6]. - The Global X Uranium ETF (URA) has risen 41.4% in the past year and 68.5% in 2025, providing context for Centrus' performance [6]. Market Momentum - The announcement of the NYSE uplisting has contributed to renewed momentum in Centrus' stock, helping to stabilize its recent decline [7]. - Technical indicators show a positive shift, with the MACD oscillator indicating potential bullish momentum as the MACD line crosses above the signal line [7].

Core Insights - Centrus Energy Corp. reported mixed third-quarter earnings, with earnings per share of 19 cents, surpassing the consensus estimate of 8 cents, but revenue of $74.9 million fell short of the expected $79.43 million [2][3] Financial Performance - The LEU segment generated revenue of $44.8 million for the three months ended September 30, 2025, marking an increase of $10 million (or 29%) compared to $34.8 million in the same period of 2024 [5] - Uranium revenue for the same period was $34.1 million, while SWU revenue decreased by $24.1 million due to a 69% drop in the average price of SWU sold [5] - Revenue from the Technical Solutions segment rose to $30.1 million, up from $22.9 million, reflecting a 31% increase [5] Market Context - CEO Amir Vexler highlighted the strong year-to-date financial results and significant progress in preparation for enrichment build-out, indicating a positive outlook for the company's operations [3] - With LEU SWU prices at historic highs, there is an increasing market demand for U.S.-owned enrichment supply to meet both commercial and national security needs [4]