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Market Impact: 0.32

Cameco (CCJ) Beats Q1 Earnings and Revenue Estimates

CCJ
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Cameco reported quarterly EPS of $0.34, beating the Zacks Consensus Estimate of $0.29 by about 17%, and up from $0.11 a year ago. The result indicates materially improved profitability versus last year and a clear positive surprise relative to analyst expectations. The release is likely to support the stock, though it contains no guidance or other major operational detail.

Analysis

Cameco reported quarterly EPS of $0.34, beating the Zacks Consensus Estimate of $0.29 by about 17%, and up from $0.11 a year ago. The result indicates materially improved profitability versus last year and a clear positive surprise relative to analyst expectations. The release is likely to support the stock, though it contains no guidance or other major operational detail.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.38

Ticker Sentiment

CCJ0.46