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The Zacks Consensus Estimate for Centrus Energy’s third-quarter revenues is pegged at $55.16 million, suggesting a year-over-year decline of 26.4%.
Over the past 60 days, the earnings estimate for third-quarter 2026 has moved down 13.2% to 5 cents per share. The figure reflects a 73.7% decline from the year-ago quarter’s earnings of 19 cents per share.
Image Source: Zacks Investment Research
Centrus Energy’s Earnings Surprise History
LEU has an average trailing four-quarter negative earnings surprise of 15.11%. The trend is shown in the chart below.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for LEU
Our proven model does not conclusively predict an earnings beat for Centrus Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Earnings ESP: The Earnings ESP for Centrus Energy is –877.8%.
Factors Likely to Have Shaped Centrus Energy’s Q3 Performance
Centrus Energy’s total revenues were up 14% to $176.1 million in the second quarter of 2026. The Low-Enriched Uranium segment’s revenues increased 22% year over year to $153.4 million. Uranium revenues totaled $53.4 million in the second quarter of 2026 compared with no revenues in the year-ago quarter. However, separative work unit (SWU) revenues declined 20% to $100 million, as a 23% drop in volumes more than offset a 3% increase in average selling prices.
For the third quarter, higher uranium prices are likely to have been a tailwind. Uranium prices averaged approximately $88.56 per pound during the quarter, up 16% from the year-ago period.
The Zacks Consensus Estimate for uranium revenues is currently pegged at $16.87 million, suggesting a 51% decline from $34.1 million reported in the third quarter of 2025. Despite higher uranium prices during the quarter, uranium revenues are expected to have declined, primarily reflecting lower anticipated sales volumes and the timing of customer deliveries
The consensus estimate for SWU revenues stands at $27.9 million for the quarter, indicating a 161% increase from the $10.7 million reported in the prior-year quarter.
Overall, revenues from the LEU segment are expected to be approximately $44.8 million, largely in line with the third quarter of 2025. Lower uranium revenues are expected to have been offset by stronger SWU revenues.
Technical Solutions revenues declined 21% to $22.7 million from $28.8 million in the second quarter of 2026. The decrease primarily reflected a $5.9 million drop in revenues from the DOE's HALEU Operation Contract. Revenues from the Technical Solutions segment for the third quarter are projected at $16.63 million, suggesting a 45% decline from $30.1 million in the year-ago quarter.
Cost of sales for the Low-Enriched Uranium segment is likely to have declined due to lower volumes. The consensus estimate for the Low-Enriched Uranium segment’s gross profit is projected at $5.83 million, suggesting an improvement from the loss of $7.8 million in the third quarter of 2025.
Gross profit for the Technical Solutions segment is projected at a loss of $2.07 million against profit of $3.5 million a year ago. Additionally, higher selling, general and administrative expenses, increased interest expenses and elevated advanced technology costs related to the company's expansion initiatives are expected to have further pressured earnings during the quarter.
LEU’s Price Performance
Centrus Energy shares have fallen 69.9% in a year against the industry’s 28.8% growth.
Image Source: Zacks Investment Research
How Did LEU’s Peer Fare in Q3?
Cameco Corporation (CCJ - Free Report) reported break-even earnings in the third quarter of 2026, missing the Zacks Consensus Estimate of 23 cents. The company had reported earnings of 5 cents in the year-ago quarter.
Cameco’s third-quarter revenues increased 1% year over year to CAD 619 million ($442 million). The figure missed the Zacks Consensus Estimate of $495 million. Uranium revenues declined 1% to CAD 518 million ($370 million) mainly due to an 8% decline in sales volumes. This was partially offset by an increase of 8% in average realized price to CAD 91.76 per pound, due to the impact of market-priced contracts on the portfolio.
How is Centrus Energy’s Peer Placed in Q3?
Energy Fuels Inc. (UUUU - Free Report) is scheduled to report third-quarter 2026 results on Nov. 5, after market close. The Zacks Consensus Estimate for earnings has moved down 20% to a loss of 6 cents per share over the past 60 days. It indicates a narrower loss than the loss of 7 cents reported in the third quarter of 2025.
Energy Fuels has a negative average earnings surprise of 48.8% over the trailing four quarters. Energy Fuels currently carries an Earnings ESP of -66.67% and a Zacks Rank #5 (Strong Sell).
A Stock Likely to Deliver Earnings Beat in Q3
Here is one Basic Materials stock, which according to our model, has the right combination of elements to post an earnings beat in its upcoming release.
Avient (AVNT - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 4, has an Earnings ESP of +0.58% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for earnings for Avient for the third quarter of 2026 is 81 cents per share, indicating a 15.7% year-over-year increase. Avient has a trailing four-quarter average earnings surprise of 3.4%.
View the Zacks #1 Rank List
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Centrus Energy to Report Q3 Earnings: What's in Store for the Stock?
Key Takeaways
Centrus Energy (LEU - Free Report) is set to release its third-quarter 2026 results on Nov. 5, after market close.
The Zacks Consensus Estimate for Centrus Energy’s third-quarter revenues is pegged at $55.16 million, suggesting a year-over-year decline of 26.4%.
Over the past 60 days, the earnings estimate for third-quarter 2026 has moved down 13.2% to 5 cents per share. The figure reflects a 73.7% decline from the year-ago quarter’s earnings of 19 cents per share.
Centrus Energy’s Earnings Surprise History
LEU has an average trailing four-quarter negative earnings surprise of 15.11%. The trend is shown in the chart below.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for LEU
Our proven model does not conclusively predict an earnings beat for Centrus Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Earnings ESP: The Earnings ESP for Centrus Energy is –877.8%.
Zacks Rank: LEU currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Have Shaped Centrus Energy’s Q3 Performance
Centrus Energy’s total revenues were up 14% to $176.1 million in the second quarter of 2026. The Low-Enriched Uranium segment’s revenues increased 22% year over year to $153.4 million. Uranium revenues totaled $53.4 million in the second quarter of 2026 compared with no revenues in the year-ago quarter. However, separative work unit (SWU) revenues declined 20% to $100 million, as a 23% drop in volumes more than offset a 3% increase in average selling prices.
For the third quarter, higher uranium prices are likely to have been a tailwind. Uranium prices averaged approximately $88.56 per pound during the quarter, up 16% from the year-ago period.
The Zacks Consensus Estimate for uranium revenues is currently pegged at $16.87 million, suggesting a 51% decline from $34.1 million reported in the third quarter of 2025. Despite higher uranium prices during the quarter, uranium revenues are expected to have declined, primarily reflecting lower anticipated sales volumes and the timing of customer deliveries
The consensus estimate for SWU revenues stands at $27.9 million for the quarter, indicating a 161% increase from the $10.7 million reported in the prior-year quarter.
Overall, revenues from the LEU segment are expected to be approximately $44.8 million, largely in line with the third quarter of 2025. Lower uranium revenues are expected to have been offset by stronger SWU revenues.
Technical Solutions revenues declined 21% to $22.7 million from $28.8 million in the second quarter of 2026. The decrease primarily reflected a $5.9 million drop in revenues from the DOE's HALEU Operation Contract. Revenues from the Technical Solutions segment for the third quarter are projected at $16.63 million, suggesting a 45% decline from $30.1 million in the year-ago quarter.
Cost of sales for the Low-Enriched Uranium segment is likely to have declined due to lower volumes. The consensus estimate for the Low-Enriched Uranium segment’s gross profit is projected at $5.83 million, suggesting an improvement from the loss of $7.8 million in the third quarter of 2025.
Gross profit for the Technical Solutions segment is projected at a loss of $2.07 million against profit of $3.5 million a year ago.
Additionally, higher selling, general and administrative expenses, increased interest expenses and elevated advanced technology costs related to the company's expansion initiatives are expected to have further pressured earnings during the quarter.
LEU’s Price Performance
Centrus Energy shares have fallen 69.9% in a year against the industry’s 28.8% growth.
Image Source: Zacks Investment Research
How Did LEU’s Peer Fare in Q3?
Cameco Corporation (CCJ - Free Report) reported break-even earnings in the third quarter of 2026, missing the Zacks Consensus Estimate of 23 cents. The company had reported earnings of 5 cents in the year-ago quarter.
Cameco’s third-quarter revenues increased 1% year over year to CAD 619 million ($442 million). The figure missed the Zacks Consensus Estimate of $495 million. Uranium revenues declined 1% to CAD 518 million ($370 million) mainly due to an 8% decline in sales volumes. This was partially offset by an increase of 8% in average realized price to CAD 91.76 per pound, due to the impact of market-priced contracts on the portfolio.
How is Centrus Energy’s Peer Placed in Q3?
Energy Fuels Inc. (UUUU - Free Report) is scheduled to report third-quarter 2026 results on Nov. 5, after market close. The Zacks Consensus Estimate for earnings has moved down 20% to a loss of 6 cents per share over the past 60 days. It indicates a narrower loss than the loss of 7 cents reported in the third quarter of 2025.
Energy Fuels has a negative average earnings surprise of 48.8% over the trailing four quarters. Energy Fuels currently carries an Earnings ESP of -66.67% and a Zacks Rank #5 (Strong Sell).
A Stock Likely to Deliver Earnings Beat in Q3
Here is one Basic Materials stock, which according to our model, has the right combination of elements to post an earnings beat in its upcoming release.
Avient (AVNT - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 4, has an Earnings ESP of +0.58% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for earnings for Avient for the third quarter of 2026 is 81 cents per share, indicating a 15.7% year-over-year increase. Avient has a trailing four-quarter average earnings surprise of 3.4%.