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Stock impact report

Cameco (CCJ) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily loss of 1.46%. Meanwhile, the Dow lost 1.24%, and the Nasdaq, a tech-heavy index, lost 1.63%. The the stock of uranium producer has risen by 26.33% in the past month, leading the Basic Materials sector's gain of 3.2% and the S&P 500's gain of 1.6%. Market participants will be closely following the financial results of Cameco in its upcoming release. The company's upcoming EPS is projected at $0.33, signifying a 65% increase compared to the same quarter of the previous year. It's also important for investors to be aware of any recent modifications to analyst estimates for Cameco. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed Show less Read more
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