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Stock impact report

Cameco Corporation Just Missed Earnings; Here's What Analysts Are Forecasting Now [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 early response was not positive, with shares down 3.4% to CA$64.56 in the past week. It was a pretty bad result overall, with revenues coming in 21% lower than the analysts predicted. Statutory earnings correspondingly nosedived, with Cameco reporting a loss of CA$0.02 per share, where the analysts were expecting a profit. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. Check out our latest analysis for Cameco Taking into account the latest results, the consensus forecast from Cameco's seven analysts is for revenues of CA$3.04b in 2024. This reflects a huge 20% improvement in revenue compared to the last 12 months. Per-share earnings are expected to soar 43% to CA$0.77. Yet prior to the Show less Read more
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