NYSE$LEU

Centrus Energy Corp · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Centrus reported results for the fourth quarter 2019 and full year ended December 31, 2019.

Centrus Energy Corp. reported a net loss of $2.8 million for Q4 2019, compared to a net loss of $45.2 million in Q4 2018. Total revenue for Q4 2019 was $55.7 million, compared to $83.8 million in Q4 2018. The company's year-end cash balance was $130.7 million.

  • Total revenues of $209.7 million, separative work units (SWU) and uranium revenue of $169.4 million, and year-end cash balance of $130.7 million, in line with prior guidance
  • Repaid the $27.5 million principal balance in outstanding 8.0% notes that matured on September 30, 2019
  • Order book at $1.0 billion as of December 31, 2019
  • Signed three-year, $115 million cost-share contract with U.S. Department of Energy to demonstrate production of High-Assay, Low-Enriched Uranium (HALEU) for advanced reactors

Headline financials

Total Revenue

$55.7M

Previous: $83.8M-33.5%
EPS (adj)

-$0.49

Previous: -$3.49+86.0%
Total Backlog

$1B

No prior period
Capital Expenditures

$100K

No prior period
Free Cash Flow

$37.7M

Previous: $3.3M+1042.4%
Net Income

-$2.8M

Previous: -$45.2M+93.8%
Operating Income

-$6.7M

Previous: -$29.6M+77.4%
Gross Profit

$6.8M

Previous: -$9.7M+170.1%
Cash & Equivalents

$131M

Previous: $123M+6.2%
Total Assets

$456M

Previous: $572M-20.3%

Revenue & EPS history

Centrus · Revenue · Quarterly

$55.7M

Q4 2019-33.5%vs Q4 2018
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Revenue by segment

Centrus · $55.7M total across 3 segments · Q4 2019

  • Separative Work Units
    $36.3M
  • Technical Solutions
    $11.8M
  • Uranium
    $7.6M

Forward guidance

Centrus is not providing guidance on the Company’s financial results for 2020 at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.4%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+4.0%

Avg return

30 days after

48%

32 / 67 earnings

Positive

+33.1%

Q4 2024

Best reaction

-32.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-10.7%-12.9%-30.2%
Q4 2025-20.7%-24.8%-20.9%
Q3 2025-15.1%-15.4%-18.3%
Q1 2025+22.4%+27.7%+97.4%
Q4 2024+33.1%+45.1%-2.4%
Q3 2024+22.0%+27.4%-4.1%
Q2 2024+16.0%+9.3%+2.1%
Q1 2024-7.7%-3.8%+2.9%
Q4 2023-4.1%-4.7%-15.9%
Q3 2023-9.9%-6.1%-7.7%
Q2 2023+20.9%+23.4%+40.5%
Q1 2023+5.3%+6.8%+9.7%
Q4 2022+13.2%+14.9%-26.0%
Q3 2022-32.9%-14.3%-24.4%
Q2 2022+12.0%+16.1%+36.7%
Q1 2022-12.1%-32.1%-13.6%
Q4 2021-20.2%-36.3%-38.3%
Q3 2021+8.1%+1.0%-21.7%
Q2 2021-1.9%-7.2%+33.1%
Q1 2021-6.8%-15.5%+3.5%
Q4 2020+8.7%+4.5%-14.3%
Q3 2020+2.0%+2.1%+80.9%
Q2 2020+11.6%+5.4%-36.1%
Q1 2020+3.6%+23.6%+63.4%
Q4 2019+16.2%+14.7%+31.5%
Q3 2019+16.7%+12.0%-8.6%
Q2 2019+12.8%+0.7%+8.2%
Q1 2019+6.8%+4.3%-3.7%
Q4 2018+2.2%+16.5%+17.6%
Q3 2018-0.4%+4.9%-14.3%
Q2 2018+1.7%-2.4%-21.9%
Q1 2018+10.6%+8.3%+3.4%
Q4 2017-2.1%+5.4%-8.0%
Q3 2017-4.2%-10.6%-6.8%
Q2 2017-1.9%-0.7%-5.3%
Q1 2017+3.7%-0.2%+20.1%
Q4 2016+2.6%+4.5%-7.3%
Q3 2016-2.5%+3.8%+53.0%
Q2 2016+8.7%+12.5%+2.4%
Q1 2016-8.0%
Q4 2015+28.6%
Q3 2015-9.6%
Q2 2015-4.8%
Q1 2015-2.5%
Q4 2014-1.7%
Q3 2014+1.8%
Q2 2014+31.4%
Q4 2013-2.0%
Q4 2012-2.0%
Q3 2013-27.6%
Q2 2013+0.8%
Q1 2013-15.9%
Q3 2012+0.0%
Q2 2012-13.5%
Q1 2012+6.6%
Q4 2011+0.8%
Q4 2008+0.8%
Q3 2011-8.7%
Q2 2011-32.7%
Q1 2010+0.9%
Q1 2011-1.8%
Q4 2010+1.0%
Q3 2009-7.2%
Q3 2010-7.2%
Q4 2009-3.1%
Q2 2010-3.1%
Q2 2009-3.1%

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