Centrus Energy (LEU) stock is soaring 17.40% in pre-market trading on Wednesday, building upon its initial 9.92% surge following the release of its impressive second-quarter 2025 financial results. The nuclear fuel and services provider significantly outperformed analyst expectations, demonstrating robust growth despite challenging market conditions.
The company reported adjusted earnings per share of $1.59, handily beating the analyst consensus estimate of $0.82 by 93.43%. Revenue for the quarter came in at $154.50 million, surpassing the analyst consensus estimate of $125.49 million by 23.11%. While these figures represent a year-over-year decrease, they still showcase the company's ability to exceed market expectations.
Adding to the positive sentiment, Centrus announced the successful completion of Phase 2 of the HALEU Operation Contract, delivering 900 kilograms of HALEU to the Department of Energy. Furthermore, the Department has exercised a portion of Phase 3 of the contract, valued at approximately $110 million, effective through June 30, 2026. This development signals continued confidence in Centrus's capabilities and provides a strong foundation for future growth in the nuclear energy sector, contributing to the stock's significant rise.