Cameco (NYSE: CCJ) is expected to report Q1 earnings on May 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 contract -18.0% and EPS will compress -71.0%.

The average estimate for revenue is $462.7 million. On the bottom line, the average EPS estimate is $0.09.

Revenue details
 Last quarter, Cameco notched revenue of $961.1 million. GAAP reported sales were 0.7% higher than the prior-year quarter's $954.8 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 $0.60. 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.

Recent performance
 For the preceding quarter, gross margin was 44.3%, 360 basis points worse than the prior-year quarter. Operating margin was 23.6%, 400 basis points worse than the prior-year quarter. Net margin was 4.7%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.67 billion. The average EPS estimate is $1.16.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,788 members out of 1,833 rating the stock outperform, and 45 members rating it underperform. Among 290 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 281 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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