Investing.com - Cameco reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cameco announced earnings per share of C$-0.07 on revenue of C$290M. Analysts polled by Investing.com anticipated EPS of C$-0.078 on revenue of C$251.19M.
Cameco shares are up 35.52% from the beginning of the year and are trading at C$18.16 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Cameco follows other major Basic Materials sector earnings this month
Cameco's report follows an earnings beat by Vale ADR on Tuesday, April 27, 2021, who reported EPS of C$1.09 on revenue of C$12.65B, compared to forecasts EPS of C$1.04 on revenue of C$12.93B.
Sherwin-Williams had beat expectations on Tuesday, April 27, 2021 with first quarter EPS of C$2.06 on revenue of C$4.66B, compared to forecast for EPS of C$1.64 on revenue of C$4.52B.
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