Centrus Energy Corp. (NYSE:LEU) has reported its financial results for the fourth quarter and full year of 2025, delivering a mixed performance that has elicited a sharp negative reaction from investors in after-hours trading. The company, a supplier of nuclear fuel and services, met its revenue expectations but fell significantly short on a key profitability metric.
Earnings Results Versus Expectations
The core of the market's disappointment lies in the company's earnings per share (EPS) figure for the fourth quarter. While revenue was largely in line with forecasts, profitability did not meet analyst projections.
- Q4 2025 Revenue: Reported at $146.2 million, compared to an analyst estimate of approximately $147.8 million.
- Q4 2025 EPS (Non-GAAP): Reported at $0.79, which fell well short of the consensus estimate of $1.42.
This earnings miss of nearly 45% appears to be the primary driver behind the stock's immediate sell-off. In after-hours trading following the release, shares of Centrus Energy declined by approximately 8.7%.
Full-Year Performance and Market Context
Despite the fourth-quarter earnings shortfall, the company's full-year 2025 results showed year-over-year growth. The press release highlights net income of $77.8 million, or $4.33 per basic share, for the full year. Full-year revenue reached $448.7 million with a gross profit of $117.5 million, representing an increase from the prior year's revenue of $442.0 million and gross profit of $111.5 million. This indicates the company maintained its overall trajectory, though the Q4 profitability dip has raised concerns about near-term execution or cost pressures.
The stock's performance leading into the report was already under pressure, with shares down roughly 14% over the past month. The post-earnings decline exacerbates this recent weakness, suggesting the market was anticipating stronger results to reverse the negative trend.
Looking Ahead: 2026 Guidance and Analyst Estimates
A critical component of the earnings release was the company's initial guidance for 2026. Management provided its outlook, which investors can now compare against existing Wall Street forecasts.
- Centrus 2026 Sales Guidance: Implied in the press release context.
- Analyst 2026 Sales Estimate: $487.2 million.
- Analyst Q1 2026 Sales Estimate: $80.7 million.
- Analyst Q1 2026 Revenue Estimate: $65.2 million.
The company's guidance will be scrutinized to see if it aligns with or diverges from these analyst expectations. A guidance range that meets or exceeds the current sales estimate of $487.2 million could be viewed positively, while a more conservative forecast may contribute to the negative sentiment. The market's initial reaction suggests investors are weighing the Q4 miss against the future outlook.
Press Release Summary
The key takeaways from the Centrus Energy press release are the announcement of full-year profitability, the disclosure of Q4 and annual financial figures, and the provision of formal guidance for the 2026 fiscal year. The report underscores the company's ongoing operations in supplying low-enriched uranium and technical solutions to the nuclear industry, but the immediate investor focus has zeroed in on the quarterly earnings discrepancy.
For a detailed breakdown of historical earnings, future estimates, and analyst projections, you can review the data here: Centrus Energy Earnings & Estimates.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, a recommendation, or an offer to buy or sell any securities. Investing involves risk, including the potential loss of principal.
