Investing.com - Cameco reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Cameco announced earnings per share of C$-0.2 on revenue of C$379M. Analysts polled by Investing.com anticipated EPS of C$-0.04 on revenue of C$298.98M.
Cameco shares are up 9.21% from the beginning of the year and are trading at C$9.72 , 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 Sherwin-Williams on Tuesday, October 27, 2020, who reported EPS of C$8.29 on revenue of C$5.12B, compared to forecasts EPS of C$7.79 on revenue of C$5.07B.
Vale ADR had missed expectations on Wednesday, October 28, 2020 with third quarter EPS of C$0.63 on revenue of C$10.76B, compared to forecast for EPS of C$0.64 on revenue of C$10.81B.
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