Centrus Energy Q1 2024 GAAP EPS $(0.38) Misses $0.55 Estimate, Sales $43.70M Miss $76.90M Estimate

5/8/24 8:55:16 AM ET

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Centrus Energy (AMEX:LEU) reported quarterly losses of $(0.38) per share which missed the analyst consensus estimate of $0.55 by 169.09 percent. The company reported quarterly sales of $43.70 million which missed the analyst consensus estimate of $76.90 million by 43.17 percent. This is a 34.68 percent decrease over sales of $66.90 million the same period last year.

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Recent Analyst Ratings for
$LEU

Date	Price Target	Rating	Analyst
10/10/2024	$55.00 → $62.00	Buy → Neutral	ROTH MKM
10/13/2023	$72.00	Buy	B. Riley Securities
8/8/2022	$45.00 → $48.00	Neutral → Buy	ROTH Capital
3/14/2022	$90.00 → $70.00	Buy → Hold	Lake Street
3/11/2022	$50.00	Buy → Neutral	ROTH Capital
12/21/2021	$57.00 → $58.00	Neutral → Buy	Roth Capital
11/15/2021	$27.00 → $57.00	Buy → Neutral	Roth Capital
8/13/2021	$28.00 → $27.00	Buy	Roth Capital

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Centrus Launches Additional Investment in Centrifuge Manufacturing
Investment lays groundwork for potential large-scale uranium enrichment expansion BETHESDA, Md., Nov. 20, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) today announced that it is resuming centrifuge manufacturing activities and expanding its manufacturing capacity at its facility in Oak Ridge, Tennessee. The company will invest an additional approximately $60 million for this effort over the next 18 months to lay the groundwork to support a potential large-scale expansion of uranium enrichment at the Centrus' American Centrifuge Plant in Piketon, Ohio. Such a large-scale expansion would require a multi-billion dollar public and private investment.
11/20/24 11:30:00 AM ET
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
Centrus Appoints Neal Nagarajan as Senior Vice President and Head of Investor Relations
BETHESDA, Md., Nov. 18, 2024 /PRNewswire/ -- Centrus Energy (NYSE:LEU) today announced that it has appointed Neal Nagarajan as Senior Vice President and Head of Investor Relations effective today. In this role, Nagarajan will be responsible for maintaining and expanding relationships in the investment community while communicating the company's business model, long-term strategy, governance, and financial performance. "Neal is an experienced leader and investor relations professional who will be an asset to Centrus as we work to reclaim American leadership in nuclear fuel prod
11/18/24 5:15:00 PM ET
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
Centrus Announces Pricing of Private Offering of $350 Million of 2.25% Convertible Senior Notes due 2030
BETHESDA, Md. , Nov. 5, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus") today announced the pricing of $350 million aggregate principal amount of 2.25% Convertible Senior Notes due 2030 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In connection with the Offering, Centrus has granted the initial purchasers of the Notes an option to purchase, for settlement within the 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $52.5 million aggregate principal amou
11/5/24 6:30:00 AM ET
$LEU
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Leadership Updates

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Centrus Appoints Neal Nagarajan as Senior Vice President and Head of Investor Relations
BETHESDA, Md., Nov. 18, 2024 /PRNewswire/ -- Centrus Energy (NYSE:LEU) today announced that it has appointed Neal Nagarajan as Senior Vice President and Head of Investor Relations effective today. In this role, Nagarajan will be responsible for maintaining and expanding relationships in the investment community while communicating the company's business model, long-term strategy, governance, and financial performance. "Neal is an experienced leader and investor relations professional who will be an asset to Centrus as we work to reclaim American leadership in nuclear fuel prod
11/18/24 5:15:00 PM ET
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
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Centrus Board Adds Two Members With Key National Security, Industry, and Nuclear Expertise
BETHESDA, Md., Aug. 7, 2024 /PRNewswire/ -- Today Centrus Energy (NYSE:LEU) announced that its Board of Directors has appointed Stephanie O'Sullivan to the Board. The Board also welcomed the election of Ray Rothrock at its June 20, 2024 annual meeting. "Having served at the highest levels of the U.S. Intelligence Community, Stephanie O'Sullivan has deep experience in national security and a unique understanding of why Centrus' work is so critical to the nation," said Mikel Williams, Chairman of the Board of Directors. "With decades of experience as a venture investor and a b
8/7/24 9:20:00 AM ET
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
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Lightbridge and Centrus Energy Enter into a Contract to Conduct a FEED Study for a Lightbridge Pilot Fuel Fabrication Facility in Piketon, Ohio
RESTON, Va. and BETHESDA, Md., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR) and Centrus Energy Corp. ("Centrus") (NYSE:LEU) today announced a contract to conduct a front-end engineering and design (FEED) study to add a dedicated Lightbridge Pilot Fuel Fabrication Facility (LPFFF) at the American Centrifuge Plant in Piketon, Ohio. The FEED study will identify infrastructure and licensing requirements as well as the estimated cost and construction schedule for the LPFFF. Centrus' wholly-owned subsidiary, American Centrifuge Operating, LLC, will lead the study, which is expected to be completed in 2024. "Centrus is proud to join forces with Light
12/7/23 6:30:00 AM ET
$LEU
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Centrus to Webcast Conference Call on October 29 at 8:30 a.m. ET
BETHESDA, Md., Oct. 23, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, October 29, 2024, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2024, which ended September 30, 2024, after the close of markets on Monday, October 28. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and
10/23/24 4:30:00 PM ET
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
Centrus to Webcast Conference Call on August 7 at 8:30 a.m. ET
BETHESDA, Md., July 29, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, August 7, 2024, at 8:30 a.m. ET. The Company will release its second quarter earnings report for 2024, which ended June 30, 2024, after the close of markets on Tuesday, August 6. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a we
7/29/24 4:30:00 PM ET
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
Centrus to Webcast Conference Call on May 8 at 8:30 a.m. ET
BETHESDA, Md., April 24, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 8, 2024, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2024, which ended March 31, 2024, after the close of markets on Tuesday, May 7. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast
4/24/24 6:30:00 AM ET
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
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Centrus Energy Q1 2024 GAAP EPS $(0.38) Misses $0.55 Estimate, Sales $43.70M Miss $76.90M Estimate

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Recent Analyst Ratings for $LEU

$LEU Insider Trading

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SVP, FIELD OPERATIONS Cutlip Larry B sold $112,920 worth of shares (3,000 units at $37.64), decreasing direct ownership by 18% to 13,402 units (SEC Form 4)

Director O'Sullivan Stephanie L. was granted 3,156 shares (SEC Form 4)

SEC Form 3 filed by new insider O'Sullivan Stephanie L.

$LEU Press Releases

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Centrus Launches Additional Investment in Centrifuge Manufacturing

Centrus Appoints Neal Nagarajan as Senior Vice President and Head of Investor Relations

Centrus Announces Pricing of Private Offering of $350 Million of 2.25% Convertible Senior Notes due 2030

$LEU Leadership Updates

Live Leadership Updates

Centrus Appoints Neal Nagarajan as Senior Vice President and Head of Investor Relations

Centrus Board Adds Two Members With Key National Security, Industry, and Nuclear Expertise

Lightbridge and Centrus Energy Enter into a Contract to Conduct a FEED Study for a Lightbridge Pilot Fuel Fabrication Facility in Piketon, Ohio

$LEU Market Insights

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US To Invest $2.7B In Domestic Uranium, Cutting Reliance On Russia

Shares of uranium stocks are trading higher. It was reported last week the US will offer up to $3.4 billion for domestic uranium enrichment.

U.S. To Offer Up To $3.4B For Domestic Uranium Enrichment; U.S. Uranium Funding To Be Available As Soon As June

$LEU SEC Filings

Centrus Energy Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

Centrus Energy Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Unregistered Sales of Equity Securities, Financial Statements and Exhibits

Centrus Energy Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

$LEU Financials

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Centrus to Webcast Conference Call on October 29 at 8:30 a.m. ET

Centrus to Webcast Conference Call on August 7 at 8:30 a.m. ET

Centrus to Webcast Conference Call on May 8 at 8:30 a.m. ET

SEC Form SC 13G filed by Centrus Energy Corp.

Amendment: SEC Form SC 13D/A filed by Centrus Energy Corp.

Amendment: SEC Form SC 13D/A filed by Centrus Energy Corp.

Centrus Energy downgraded by ROTH MKM with a new price target

B. Riley Securities initiated coverage on Centrus Energy with a new price target

Centrus Energy upgraded by ROTH Capital with a new price target

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