United States securities and exchange commission logo





                            December 20, 2021

       Philip Strawbridge
       Chief Financial Officer
       Centrus Energy Corp.
       6901 Rockledge Drive, Suite 800
       Bethesda, MD 20817

                                                        Re: Centrus Energy
Corp.
                                                            Form 10-K for the
Fiscal Year ended December 31, 2020
                                                            Filed March 22,
2021
                                                            Form 10-Q for the
Nine Months ended September 30, 2021
                                                            Filed November 12,
2021
                                                            File No. 001-14287

       Dear Mr. Strawbridge:

              We have limited our review of your filings to the financial
statements and related
       disclosures and have the following comments. In some of our comments, we
may ask you to
       provide us with information so we may better understand your disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to these comments, we may have additional comments.

       Form 10-K for the Fiscal Year ended December 31, 2020

       Management's Discussion and Analysis of Financial Condition and Results
of Operations
       Results of Operations, page 52

   1.                                                   We note the
presentation of non-GAAP financial measures on page 56 of your filing.
                                                        Revise to disclose the
reasons why the presentation of Adjusted Net Income (Loss)
                                                        and Adjusted Net Income
(Loss) per Share provide useful information to investors. In
                                                        addition, provide a
reconciliation of Adjusted Net Income (Loss) per Share to Net Income
                                                        (Loss) per Share as the
most directly comparable measure calculated and presented in
                                                        accordance with GAAP.
Refer to Items 10(e)(1)(i)(B) and (C) of Regulation S-K.
 Philip Strawbridge
Centrus Energy Corp.
December 20, 2021
Page 2
Financial Statements
Consolidated Statements of Operations and Comprehensive Income, page 76

2.       We note that during the year ended December 31, 2020, you collected
certain amounts as
         a recovery on claims filed in October 2018 which were recorded as
revenue. Please tell us
         why the presentation of this amount in revenue is appropriate pursuant
to to Rule 5-
         03(b)(1) of Regulation S-X and FASB ASC 606.
Form 10-Q for the Nine Months ended September 30, 2021

Financial Statements
Condensed Consolidated Statements of Operations and Comprehensive Income, page
5

3.       Tell us why you present the settlement of $43.5 million for a claim
related to pension and
         post-retirement benefits in revenue. Refer to Rule 5-03(b)(1) of
Regulation S-X and
         FASB ASC 606.
       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

      You may contact Wei Lu, Staff Accountant at (202) 551-3725 or Ethan
Horowitz,
Accounting Branch Chief at (202) 551-3311 with any questions.



FirstName LastNamePhilip Strawbridge                          Sincerely,
Comapany NameCentrus Energy Corp.
                                                              Division of
Corporation Finance
December 20, 2021 Page 2                                      Office of Energy
& Transportation
FirstName LastName