Q1 25 EPS
$1.60
BEAT +2,164.52%
Est. $-0.08
Q1 25 Revenue
$73.1M
BEAT +7.31%
Est. $68.1M
vs S&P Since Q1 25
+106.3%
BEATING MARKET
LEU +136.0% vs S&P +29.8%
Market Reaction
Did LEU Beat Earnings? Q1 2025 Results
Centrus Energy posted a blowout first quarter, reporting earnings per share of $1.60 against a consensus estimate of negative $0.08, a beat of more than 2,164%, while revenue climbed 67.3% year-over-year to $73.10 million, topping estimates of $68.12… Read more Centrus Energy posted a blowout first quarter, reporting earnings per share of $1.60 against a consensus estimate of negative $0.08, a beat of more than 2,164%, while revenue climbed 67.3% year-over-year to $73.10 million, topping estimates of $68.12 million by 7.31%. The primary engine behind the quarter was a surge in the company's LEU segment, where revenue more than doubled to $51.30 million on a 46% rise in average SWU selling prices and a 49% increase in SWU volume sold, swinging segment gross profit from just $500,000 a year ago to $31.20 million. The company also swung to net income of $27.20 million from a net loss of $6.10 million in Q1 2024. Looking ahead, Centrus carries a backlog of approximately $3.80 billion extending to 2040, though a key uncertainty remains around over $3.40 billion in IRA-appropriated federal funds backing its HALEU and LEU production contracts, which are subject to an executive order pause whose timing and outcome remain unresolved.
Key Takeaways
- • 46% increase in average SWU selling price and 49% increase in SWU volume sold driving LEU segment revenue growth of 117%
- • 48% decrease in average unit cost of SWU sold improving LEU segment margins
- • Favorable contract timing and composition in the current quarter
- • $11.8 million gain on extinguishment of 8.25% Notes
- • Investment income of $7.3 million from substantial cash balances
LEU YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
LEU Revenue by Segment
With YoY comparisons, source: SEC Filings
“This was a strong first quarter for Centrus as we delivered robust financial results. Our operations have not been impacted by tariffs, and we are well positioned to execute on our expansion plans once federal funding decisions are made. We are confident in our compelling investment case for the $3.4 billion in funding that Congress has provided to jumpstart domestic nuclear fuel production. Centrus is the only company currently enriching uranium with U.S.-owned, U.S.-origin technology backed by an American supply chain and powered by American workers that can meet national security needs. This is not the time to send hard-earned U.S. taxpayer dollars overseas and reinforce the monopoly of the foreign, state-owned companies that already dominate the market.”
— Amir Vexler, Q1 2025 Earnings Press Release
LEU Earnings Trends
LEU vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LEU EPS Trend
Earnings per share: estimate vs actual
LEU Revenue Trend
Quarterly revenue: estimate vs actual
LEU Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.27 | $1.05 | +288.89% | $76.7M | -2.09% |
| Q4 25 MISS FY | $1.63 | $0.79 | -51.41% | $146.2M | -0.60% |
| FY Full Year | $4.73 | $3.90 | -17.56% | $448.7M | +0.61% |
| Q3 25 MISS | $0.36 | $0.19 | -46.75% | $74.9M | -6.79% |
| Q2 25 BEAT | $0.58 | $1.59 | +176.28% | $154.5M | +18.30% |
| Q1 25 BEAT | $-0.08 | $1.60 | +2,164.52% | $73.1M | +7.31% |