Centrus Energy Stock News

Reuters has reported that President Trump is planning to sign an executive order to speed up the permitting and construction of nuclear energy power plants in the U.S. as early as today. The market didn't ask questions and simply bid up nuclear stocks today.

The nuclear industry is expected to benefit from a budget bill approved in the House on Thursday. The legislation, referred to by Trump as his “one big beautiful bill” and heavily opposed by Democrats, includes provisions that would reduce spending on Medicaid by nearly $700 billion and reduce spending for a national food assistance program, among others.

Centrus Energy reported a second consecutive stellar quarter, with its transition to uranium enrichment progressing on schedule. Long-term industry fundamentals are promising: uranium demand and its derivatives will by far outpace supply. Favorable regulatory environment and rising demand for low-carbon energy solutions should accelerate SMR adoption and HALEU demand.

According to data compiled by S&P Global Market Intelligence, Centrus Energy (LEU 22.44%) stock was having quite the run with an almost 21% price rise week to date as of early Friday morning. Investors clearly liked what they saw of the nuclear fuel and services supplier's latest set of quarterly earnings, released after Wednesday's market close.

BETHESDA, Md., May 8, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences.

Centrus Energy Corp. (NYSE:LEU ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Neal Nagarajan - Head-Investor Relations Amir Vexler - President & Chief Executive Officer Kevin Harrill - Chief Financial Officer Conference Call Participants Rob Brown - Lake Street Capital Ryan Pfingst - B. Riley Joseph Reagor - ROTH Capital Eric Stine - Craig-Hallum Sameer Joshi - H.C.

Centrus Energy reported better-than-expected earnings on Wednesday.

Net income of $27.2 million on $73.1 million in revenue, compared to a net loss of $6.1 million on $43.7 million in revenue in Q1 2024 Retired our higher-interest rate debt (8.25% Notes) at a redemption price equal to the principal of $74.3 million plus any accrued and unpaid interest, resulting in a gain of $11.8 million in Q1 2025 Consolidated cash balance of $653.0 million as of March 31, 20...