Cameco Corporation (CCJ)
Cameco: Strong Q3 Performance As Kazakh Output Falls Short
Cameco Corporation reported a non-GAAP EPS of -$0.01 and substantial revenue of $721M, up ~25% YoY, with a positive financial outlook and increased dividend. Operational improvements and the reopening of the McArthur River/Key Lake mine boosted the 2024 production outlook despite supply issues in Kazakhstan. The uranium market is supply side-driven; Cameco's long-term contracts and potential supply disruptions in Kazakhstan could keep uranium prices high, improving CCJ's income years from now.
Why Cameco Stock Popped After Lousy Earnings
Cameco stock probably costs too much -- but it's hard to argue with this growth story.
Cameco Corporation (CCJ) Q3 2024 Earnings Call Transcript
Cameco Corporation (NYSE:CCJ ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Tim Gitzel - President, Chief Executive Officer Grant Isaac - Executive VP, Chief Financial Officer Heidi Shockey - Senior VP, Deputy Chief Financial Officer Rachelle Girard - Senior VP, Chief Corporate Officer Cory Kos - Vice President, Investor Relations Conference Call Participants Ralph Profiti - Eight Capital Adam Wijaya - Goldman Sachs Andrew Wong - RBC Capital Markets Alexander Pearce - BMO Capital Markets Lawson Winder - Bank of America Securities Craig Hutchison - TD Cowen Mohamed Sidibé - National Bank Financial Bryce Adams - CIBC Brian MacArthur - Raymond James Gordon Johnson - GLJ Research Operator Thank you for standing by. This is the conference operator.
Cameco (CCJ) Reports Q3 Loss, Misses Revenue Estimates
Cameco (CCJ) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.26. This compares to earnings of $0.24 per share a year ago.
2 Nuclear Power Stocks to Buy on the Dip in November
Big tech's impact on nuclear power stocks has been almost palpable. And while artificial intelligence (AI) data center demands could act as a boon for nuclear power producers and uranium miners for some time, I'd argue that the reason to own nuclear power stocks extends well beyond the AI boom.
Should You Buy, Sell, or Hold CCJ Stock Before Q3 Earnings Release?
Cameco's Q3 results are likely to reflect the impacts of higher uranium prices and sales volumes. Let us analyze how investors should play the IDR stock now.
Is It Worth Investing in Cameco (CCJ) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Here's Why Cameco Stock Soared in October
Google became the latest tech giant and cloud service provider to sign agreements to procure power generated by nuclear reactors in October, and that's good news for the industry at large.
Cameco (CCJ) Earnings Expected to Grow: Should You Buy?
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.
Why Cameco (CCJ) Dipped More Than Broader Market Today
In the most recent trading session, Cameco (CCJ) closed at $53.98, indicating a -1.44% shift from the previous trading day.
Cameco (CCJ) Stock Slides as Market Rises: Facts to Know Before You Trade
Cameco (CCJ) reachead $54.77 at the closing of the latest trading day, reflecting a -0.73% change compared to its last close.
2 Uranium Plays to Play a Nuclear Renaissance
The nuclear power utilities have really heated up as some tech titans turned to small nuclear reactors to help fuel their AI data centers of the future.
