Cameco (NYSE: CCJ ) reported earnings on Feb. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Cameco beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share dropped significantly.
Margins dropped across the board.
Cameco recorded revenue of $961.1 million. The five analysts polled by S&P Capital IQ anticipated sales of $823.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.60. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.43 per share. GAAP EPS of $0.11 for Q4 were 83% lower than the prior-year quarter's $0.66 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 44.3%, 330 basis points worse than the prior-year quarter. Operating margin was 24.6%, 390 basis points worse than the prior-year quarter. Net margin was 4.7%, 2,240 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $535.0 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $2.38 billion. The average EPS estimate is $1.12.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,792 members out of 1,835 rating the stock outperform, and 43 members rating it underperform. Among 368 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 359 give Cameco a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cameco is outperform, with an average price target of $24.58.
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