Cameco's Q1 Adjusted Net Earnings, Revenue Rise

MT Newswires Live

05-01

Cameco (CCJ) reported Q1 adjusted net earnings Thursday of 0.16 Canadian dollar ($0.12) per diluted share, up from CA$0.11 a year earlier.

Analysts polled by FactSet expected CA$0.18.

Revenue for the quarter ended March 31 was CA$789 million compared with CA$634 million a year earlier.

Analysts surveyed by FactSet expected CA$769.6 million.

Shares of the company rose 2.6% in recent Thursday premarket activity.

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