Cameco Corp reports results for the quarter ended December 31 - Earnings Summary

• Cameco Corp CCJ.N reported quarterly adjusted earnings of 36 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of ten analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 25 cents to 39 cents per share.

• Revenue rose 40.2% to C$1.18 billion from a year ago; analysts expected C$1.09 billion.

• Cameco Corp's reported EPS for the quarter was 31 cents​.

• The company reported quarterly net income of C$135 million.

• Cameco Corp shares had fallen by 9.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.4% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the uranium peer group is also "buy"

Wall Street's median 12-month price target for Cameco Corp is C$85.89

This summary was machine generated from LSEG data February 20 at 02:30 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)