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Cameco Swings to Adjusted Earnings in Q2, Revenue Rises
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Cameco Swings to Adjusted Earnings in Q2, Revenue Rises
Jul 31, 2024 4:46 AM

07:25 AM EDT, 07/31/2024 (MT Newswires) -- Cameco ( CCJ ) reported Q2 adjusted earnings Wednesday of 0.14 Canadian dollars ($0.10) per diluted share, swinging from a loss of CA$0.01 a year earlier.

Analysts polled by Capital IQ expected earnings of CA$0.26.

Revenue for the quarter ended June 30 was CA$598 million, up from CA$482 million a year earlier.

Four analysts surveyed by Capital IQ expected CA$750.5 million.

The company expects revenue for full-year 2024 of CA$2.85 billion to CA$3 billion. Analysts surveyed by Capital IQ expect CA$3.07 billion.

Price: 44.31, Change: +0.03, Percent Change: +0.07

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