Cameco (CCJ) Gears Up to Report Q2 Earnings: What to Expect

Image Source: Zacks Investment Research Over the trailing four quarters, Cameco's earnings missed the Zacks Consensus Estimate thrice and surpassed the same in one quarter. CCJ has an average trailing four-quarter negative earnings surprise of 21.6%. Factors to Note Although uranium prices had peaked at a 16-year high of $106 per pound on Jan 22, 2024, the spike was shortlived and the uranium market experienced a moderate pullback since then. Despite the cooldown, prices remained above the $80 level, buoyed ...