Cameco Earnings miss, Revenue beats In Q3

Cameco Earnings miss, Revenue beats In Q3 - Cameco reported on Friday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Cameco announced earnings per share of C$-0.14 on revenue of C$361M. Analysts polled by anticipated EPS of C$-0.0237 on revenue of C$338.28M.

Cameco shares are up 90.07% from the beginning of the year and are trading at C$25.47 , 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 missed by Sherwin-Williams on Tuesday, who reported EPS of C$2.09 on revenue of C$5.15B, compared to forecasts EPS of C$2.13 on revenue of C$5.09B.

BASF ADR had beat expectations on Wednesday with third quarter EPS of C$0.4522 on revenue of C$22.81B, compared to forecast for EPS of C$0.4387 on revenue of C$20.64B.

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