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News  ›  Benzinga

Centrus Energy Stock Dips On Mixed Q3 Results, Announced Equity Offering Announcement

Benzinga Logo Benzinga By Evette Mitkov
Centrus Energy Stock Dips On Mixed Q3 Results, Announced Equity Offering Announcement

Centrus Energy reported Q3 earnings of 19 cents per share, beating estimates, with sales of $74.9 million. The company announced a potential $1.0 billion equity offering and saw stock price decline despite positive financial performance.

Insights
LEU   neutral

Mixed financial results with earnings beating estimates but stock price dropping. Positive revenue growth in LEU and Technical Solutions segments, but potential dilution from equity offering created market uncertainty.