Centrus Energy Q3 revenue misses estimates

Centrus Energy

05/11/2025 22:16

Overview

Centrus Q3 revenue increased 30% yr/yr to $74.9 mln, but missed analyst expectations

Net income for Q3 2025 was $3.9 mln, compared to a net loss last year

Company closed $805 mln convertible notes offering, increasing cash to $1.6 bln

Outlook

Company plans expansion of Ohio enrichment plant with KHNP and POSCO

Centrus notes high market demand for U.S.-owned enrichment supply

Result Drivers

GOVERNMENT WAIVERS - Secured U.S. government waivers for 2026 and 2027 Russian deliveries, reducing geopolitical risks

PLANT EXPANSION - Agreement with KHNP and POSCO International to support Piketon, Ohio enrichment plant expansion

HIRING FOR EXPANSION - Began hiring ahead of planned expansion of enrichment plant

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$74.9 mln
$79.43 mln (13 Analysts)
Q3 Net Income
$3.90 mln
Q3 Gross Profit
-$4.30 mln
Q3 Operating Income
-$16.60 mln
Q3 Pretax Profit
-$8 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the uranium peer group is "buy"

Wall Street's median 12-month price target for Centrus Energy Corp is $270.68, about 20.3% below its November 5 closing price of $325.73

The stock recently traded at 83 times the next 12-month earnings vs. a P/E of 61 three months ago

Press Release: ID:nPn5l81sna

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)