Cameco Q4 Adj. EPS $0.15 Misses $0.16 Estimate, Sales $620.12M Beat $601.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cameco (NYSE:CCJ) reported Q4 adjusted EPS of $0.15, missing the $0.16 estimate, but sales of $620.12M exceeded the $601.49M estimate. This represents a significant increase in earnings and sales from the same period last year.
February 08, 2024 | 11:46 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Cameco reported a Q4 adjusted EPS of $0.15, missing estimates by 6.25%, but sales of $620.12M beat estimates by 3.10%. Earnings and sales saw significant year-over-year growth.
While Cameco missed the EPS estimate slightly, the significant beat on sales and the substantial year-over-year growth in both earnings and sales could balance investor sentiment. The miss on EPS might cause some short-term negative reaction, but the strong sales figures and growth rates are likely to mitigate this impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100