Cameco (CCJ) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - Cameco (CCJ) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.35, reflecting a +250% change, and revenues anticipated at $681.82 million, up 56% from the previous year [3][12]. Earnings Report Expectations - The earnings report is scheduled for July 31, and if the results exceed expectations, the stock may rise; conversely, a miss could lead to a decline [2][12]. - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +27.12% for Cameco, suggesting analysts have become more optimistic about the company's earnings prospects [12]. - However, Cameco currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, Cameco's actual earnings of $0.11 per share fell short of the expected $0.18, resulting in a surprise of -38.89% [13]. - Over the past four quarters, Cameco has only beaten consensus EPS estimates once [14]. Industry Comparison - Another player in the mining industry, Materion (MTRN), is expected to post earnings of $1.18 per share, indicating a year-over-year decline of -16.9%, with revenues projected at $407.7 million, down 4.3% [18][19]. - Materion has a positive Earnings ESP of +1.28% and a Zacks Rank of 1, suggesting a higher likelihood of beating consensus EPS estimates [20].