Cameco Corporation (CCO.TO) revealed a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at C$135 million, or C$0.31 per share. This compares with C$80 million, or C$0.18 per share, last year.
Excluding items, Cameco Corporation reported adjusted earnings of C$157 million or C$0.36 per share for the period.
Analysts on average had expected the company to earn C$0.32 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 40.2% to C$1.183 billion from C$844 million last year.
Cameco Corporation earnings at a glance (GAAP) :
-Earnings: C$135 Mln. vs. C$80 Mln. last year.-EPS: C$0.31 vs. C$0.18 last year.-Revenue: C$1.183 Bln vs. C$844 Mln last year.
Looking ahead, the company expects an annual increase of at least C$0.04 per share in each of 2025 and 2026 to achieve a doubling of the 2023 dividend from C$0.12 per share to C$0.24 per share.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.