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/Mis Actual Consensu

s s

Estimate

Q3 Miss $74.9 $79.43

Revenue mln mln (13

Analysts

)

Q3 Net $3.90

Income mln

Q3 Gross -$4.30

Profit mln

Q3 -$16.60

Operatin mln

g Income

Q3 -$8 mln

Pretax

Profit

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 ( LEU ) 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:

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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.)