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Stock impact report

Here's Why Cameco (CCJ) Gained But Lagged the Market Today [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
This move lagged the S&P 500's daily gain of 2.51%. Elsewhere, the Dow gained 2.66%, while the tech-heavy Nasdaq added 2.71%. Coming into today, shares of the uranium producer had lost 13.4% in the past month. In that same time, the Basic Materials sector lost 5.46%, while the S&P 500 lost 8.86%. The investment community will be paying close attention to the earnings performance of Cameco in its upcoming release. The company's upcoming EPS is projected at $0.21, signifying a 110% increase compared to the same quarter of the previous year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.96 per share and revenue of $2.45 billion, indicating changes of +95.92% and +7.49%, respectively, compared to the previous year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Cameco. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism ab Show less Read more
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