Cameco Corporation ($CCJ) 3Q20 Earnings Sneak Preview

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Cameco Corporation (NYSE:CCJ) is expected to report third quarter earnings results, before market open, on Wednesday 4th November 2020.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,110.00 million ~ $ 1,223.00 million

Click Here For More Historical Outlooks Of Cameco Corporation

Previous Quarter Performance

Cameco Corporation unwinded loss for the second quarter of $ 0.12 per share, from the revenue of $ 378.68 million. Street analysts expected Cameco Corporation to report loss of $ 0.01 per share on revenue of $ 252.94 million for the second quarter. The top line results outshined analysts by $ 125.74 million or 49.71 percent.

Stock Performance

Shares of Cameco Corporation traded up $ 0.17 or 1.78 percent on Tuesday, reaching $ 9.72 with volume of 2.36 million shares. Cameco Corporation has traded high as $ 9.86 and has cracked $ 9.63 on the downward trend

According to the previous trading day, closing price of $ 9.72, representing a 80.19 % increase from the 52 week low of $ 5.30 and a 22.55 % decrease over the 52 week high of $ 12.33.

The company has a market capital of $ 3.81 billion and is part of the Basic Materials sector and Industrial Metals & Minerals industry.

Conference Call

Cameco Corporation will be hosting a conference call at 8:00 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cameco.com

Cameco Corporation produces and sells uranium worldwide. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate.