Investing.com - Cameco (NYSE:CCJ) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cameco announced earnings per share of C$0.04 on revenue of C$398M. Analysts polled by Investing.com anticipated EPS of C$-0.0128 on revenue of C$345.78M.
Cameco shares are up 20.95% from the beginning of the year, still down 18.81% from its 52 week high of C$32.49 set on April 13. They are outperforming the EUR/USD which is down 0% from the start of the year.
Cameco follows other major Energy sector earnings this month
Cameco's report follows an earnings missed by Exxon Mobil on April 29, who reported EPS of C$2.07 on revenue of C$90.5B, compared to forecasts EPS of C$2.23 on revenue of C$82.84B.
Chevron had missed expectations on April 29 with first quarter EPS of C$3.36 on revenue of C$54.37B, compared to forecast for EPS of C$3.4 on revenue of C$51.14B.
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