NYSE$LEU

Centrus Energy Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year 2021.

Centrus Energy Corp. reported a strong financial position in 2021, marked by the retirement of all outstanding preferred shares, an increased cash balance of $193.8 million, and a reduction of over $100 million in pension liability.

  • Net income of $175.0 million in 2021 or $9.75 per diluted share.
  • Adjusted net income per diluted share of $12.46, which excludes deemed dividends allocable to retired preferred stock shares.
  • Total revenues of $298.3 million, including LEU segment revenue of $186.1 million.
  • Year-end cash balance of $193.8 million.

Headline financials

Total Revenue

$89M

Previous: $92.9M-4.2%
EPS (adj)

$8.14

Previous: $1.46+457.5%
Capital Expenditures

$500K

Previous: $500K+0.0%
Free Cash Flow

$48.7M

Previous: $61.4M-20.7%
Net Income

$116M

Previous: $16.4M+608.5%
Operating Income

$21.7M

Previous: $20.6M+5.3%
Gross Profit

$36.2M

Previous: $35M+3.4%
Cash & Equivalents

$194M

Previous: $152M+27.5%
Total Assets

$572M

Previous: $486M+17.7%

Revenue & EPS history

Centrus · Revenue · Quarterly

$89M

Q4 2021-4.2%vs Q4 2020
Beat estimate in 4 of 8 quarters(50%)
ActualEstimate

Revenue by segment

Centrus · $89M total across 3 segments · Q4 2021

  • Separative Work Units
    $60.9M-1.9%
  • Technical Solutions
    $18.2M+19.7%
  • Uranium
    $9.9M-36.5%

Forward guidance

The company is well-positioned to pioneer the emerging market for HALEU to enable the deployment of the next generation of advanced reactors in the United States and around the world.

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 2021

Historical avgQ4 2021

+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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