Centrus Energy Corp. (NYSE:LEU) is one of the best uranium stocks to buy according to Wall Street analysts. On May 5, Centrus Energy Corp. (NYSE:LEU) released its Q1 FY2026 financial results where it said it recorded $76.7 million in revenue for the quarter. This figure meant the company missed the analyst estimate of $78.4 million, though it was a 5% year over year increase.
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The company detailed that income from the Low-Enriched Uranium (LEU) segment, which is its core division, declined 13% year over year to $44.6 million. Management explained that the sales decline was because the volume of separative work units (SWU), which is the key measure of enrichment services, sold dropped 47%, even though average SWU prices rose 52%. SWU volume is largely contract-driven and lumpy quarter to quarter, so this decline reflects timing rather than lost business, noted management.
What offset the LEU decline was a 47% surge in the Technical Solutions segment, Centrus said. This segment’s income grew to $32.1 million from $21.8 million in Q1 2025, which was driven by increasing activity under Centrus’s high-assay, low-enriched uranium, or HALEU, production contract with the US Department of Energy.
On EPS, the non-GAAP adjusted diluted figure came in at $1.05, which was a massive beat versus the consensus estimate of $0.33 to $0.53. However, GAAP diluted EPS fell to $0.45 from $1.60 in Q1 2025, because the company is now spending heavily on its plant expansion, noted management.
Centrus Energy Corp. (NYSE:LEU) is a nuclear fuel services company that supplies enriched uranium and related fuel cycle products to the commercial nuclear power industry. The company operates through its Low-Enriched Uranium and Technical Solutions segments, with its key activities centered on uranium enrichment and the production of high-assay low-enriched uranium.
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