Cameco Corporation (NYSE:CCJ ) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Company Participants Cory Kos - VP, IR Tim Gitzel - President, CEO Grant Isaac - EVP, CFO Heidi Shockey - SVP, Deputy CFO Conference Call Participants Adam Wijaya - Goldman Sachs Andrew Wong - RBC Capital Markets Alexander Pearce - BMO Capital Markets Orest Wowkodaw - Scotiabank Lawson Winder - Bank of America Securities Craig Hutchison - TD Cowen Operator Thank you for standing by. This is the conference operator.
Nuclear power appears to have entered a period of renewed demand. That's exciting news, but how should an investor play it?
CCJ's Q4 results are likely to reflect the impacts of higher uranium sales volumes, somewhat offset by lower prices.
Cameco's valuation is justified by strong uranium demand and nuclear energy revival, but it must meet growth expectations to sustain current price multiples. Cameco's operations span uranium production, fuel services, and a 49% stake in Westinghouse, contributing significantly to its revenue and growth prospects. Future growth hinges on increased uranium production, favorable pricing, and maintaining a strong balance sheet, despite potential risks from market fluctuations and legal disputes.
In recent history, attitudes toward nuclear energy have varied considerably. After the 2011 Fukushima Daiichi disaster in Japan, many countries reduced their dependence on nuclear power.
Cameco (CCJ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cameco (CCJ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Cameco (CCJ) reachead $49.85 at the closing of the latest trading day, reflecting a -1.01% change compared to its last close.
Cameco (CCJ) concluded the recent trading session at $50.36, signifying a +0.86% move from its prior day's close.
In the most recent trading session, Cameco (CCJ) closed at $49.44, indicating a -1.71% shift from the previous trading day.
Cameco (CCJ) closed at $50.30 in the latest trading session, marking a +0.46% move from the prior day.
Cameco (CCJ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.