Cameco 1Q Profit, Revenue Rise on Higher Sales, Realized Pricing

Dow Jones

05/05

By Adriano Marchese

Cameco's first-quarter profit rose as stronger sales and higher realized pricing drove revenue growth.

The Canadian uranium producer posted on Tuesday net income of 131 million Canadian dollars ($96.1 million), or C$0.30 a share, up from C$70 million, or C$0.16 a share, in the comparable quarter a year ago.

Adjusted earnings came in at C$0.47 a share. According to FactSet, analysts were expecting C$0.34 a share.

Revenue rose 7% to C$845 million, topping forecasts of a more modest rise to C$832.7 million.

Cameco said that the quarter's sales volumes were higher in both uranium and fuel services, as expected. The company also noted that realized prices were higher on average, with contribution from its investment in nuclear-services company Westinghouse supporting the quarter's performance.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 05, 2026 07:07 ET (11:07 GMT)

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According to FactSet, analysts were expecting C$0.34 a share. \n</p>\n<p>\n  Revenue rose 7% to C$845 million, topping forecasts of a more modest rise to C$832.7 million. \n</p>\n<p>\n   Cameco said that the quarter's sales volumes were higher in both uranium and fuel services, as expected. The company also noted that realized prices were higher on average, with contribution from its investment in nuclear-services company Westinghouse supporting the quarter's performance. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2026 07:07 ET (11:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CCJ","symbol_name":"Cameco Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633354912","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633354912","pubTimestamp":1777979220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Cameco's first-quarter profit rose as stronger sales and higher realized pricing drove revenue growth.The Canadian uranium producer posted on Tuesday net income of 131 million Canadian dollars , or C$0.30 a share, up from C$70 million, or C$0.16 a share, in the comparable quarter a year ago.Adjusted earnings came in at C$0.47 a share. 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According to FactSet, analysts were expecting C$0.34 a share. \n\n\n  Revenue rose 7% to C$845 million, topping forecasts of a more modest rise to C$832.7 million. \n\n\n   Cameco said that the quarter's sales volumes were higher in both uranium and fuel services, as expected. The company also noted that realized prices were higher on average, with contribution from its investment in nuclear-services company Westinghouse supporting the quarter's performance. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2026 07:07 ET (11:07 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}