Cameco (NYSE: CCJ) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cameco's revenues will increase 40.2% and EPS will grow 88.9%.

The average estimate for revenue is $537.6 million. On the bottom line, the average EPS estimate is $0.17.

Revenue details
 Last quarter, Cameco logged revenue of $436.5 million. GAAP reported sales were 6.5% lower than the prior-year quarter's $466.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.07. GAAP EPS of $0.02 for Q1 were 94% lower than the prior-year quarter's $0.33 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 33.2%, 770 basis points worse than the prior-year quarter. Operating margin was 4.4%, much worse than the prior-year quarter. Net margin was 1.9%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.49 billion. The average EPS estimate is $0.92.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,775 members out of 1,820 rating the stock outperform, and 45 members rating it underperform. Among 277 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 269 give Cameco a green thumbs-up, and eight 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 $25.03.

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