Cameco Corporation reports results for the quarter ended September 30 - Earnings Summary

• Cameco Corporation CCO.TO reported quarterly breakeven results​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 14 cents to 37 cents per share.

• Revenue rose 0.7% to C$619.00 million from a year ago; analysts expected C$767.67 million.

• Cameco Corporation's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of C$43 million.

• Cameco Corporation shares had fallen by 5.5% this quarter and lost 7.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.5% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 1 "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 Corporation is C$180.00, about 35.2% above its last closing price of C$116.63

This summary was machine generated from LSEG data October 30 at 02:18 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)