Cameco (CCJ) Set to Announce Quarterly Earnings on Friday

Cameco (NYSE:CCJ) (TSE:CCO) will post its quarterly earnings results before the market opens on Friday, November 1st. Analysts expect Cameco to post earnings of ($0.01) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings data on Thursday, July 25th. The basic materials company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.02). The firm had revenue of $388.00 million for the quarter, compared to the consensus estimate of $360.50 million. Cameco had a net margin of 7.37% and a return on equity of 3.37%. The company’s revenue was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.07) EPS. On average, analysts expect Cameco to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NYSE CCJ opened at $9.10 on Friday. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 22.75 and a beta of 0.91. Cameco has a 52 week low of $8.03 and a 52 week high of $13.04. The business has a 50 day moving average price of $9.35 and a 200-day moving average price of $9.94. The company has a quick ratio of 1.74, a current ratio of 2.59 and a debt-to-equity ratio of 0.20.

Several equities research analysts have recently commented on the company. ValuEngine upgraded Cameco from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Zacks Investment Research downgraded Cameco from a “hold” rating to a “sell” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Cameco currently has an average rating of “Hold” and a consensus target price of $14.00.

About Cameco

Cameco Corporation produces and sells uranium worldwide. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium properties include the Cigar Lake property located in Saskatchewan, Canada; and the Inkai property located in Kazakhstan.

Read More: 52-Week High/Low Prices For Stock Selection

Earnings History for Cameco (NYSE:CCJ)

Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.com's FREE daily email newsletter.