Cameco Past Earnings Performance

Past criteria checks 4/6

Cameco has been growing earnings at an average annual rate of 12.6%, while the Oil and Gas industry saw earnings growing at 40.5% annually. Revenues have been declining at an average rate of 2.3% per year. Cameco's return on equity is 1.6%, and it has net margins of 4.7%.

Key information

12.6%

Earnings growth rate

11.8%

EPS growth rate

Oil and Gas Industry Growth	40.5%
Revenue growth rate	-2.3%
Return on equity	1.6%
Net Margin	4.7%
Next Earnings Update	31 Oct 2023

Recent past performance updates

Recent updates

Cameco Corporation (TSE:CCO) Shares Could Be 31% Below Their Intrinsic Value Estimate

May 29

Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?

Mar 02

Cameco Corporation (TSE:CCO) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

Feb 12

These Return Metrics Don't Make Cameco (TSE:CCO) Look Too Strong

Dec 30

Cameco (TSE:CCO) Seems To Use Debt Quite Sensibly

Nov 17

Here's Why Cameco (TSE:CCO) Can Manage Its Debt Responsibly

Apr 05

Is Cameco (TSE:CCO) Using Capital Effectively?

Mar 15

This section of the company report contains some beta features.

Revenue & Expenses Breakdown
Beta

How Cameco makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:CCO Revenue, expenses and earnings (CAD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 23	2,081	98	233	15
31 Mar 23	2,157	168	196	14
31 Dec 22	1,868	89	183	12
30 Sep 22	1,809	116	159	11
30 Jun 22	1,781	63	136	10
31 Mar 22	1,583	-57	152	9
31 Dec 21	1,475	-103	136	7
30 Sep 21	1,561	-34	171	8
30 Jun 21	1,578	-23	161	6
31 Mar 21	1,745	-39	158	4
31 Dec 20	1,800	-53	156	4
30 Sep 20	2,124	-5	146	3
30 Jun 20	2,048	43	141	5
31 Mar 20	1,911	73	136	5
31 Dec 19	1,863	74	139	6
30 Sep 19	1,820	106	138	7
30 Jun 19	2,004	147	143	6
31 Mar 19	1,950	93	145	2
31 Dec 18	2,092	166	148	2
30 Sep 18	2,069	-55	154	-1
30 Jun 18	2,067	-207	171	0
31 Mar 18	2,204	-132	185	5
31 Dec 17	2,157	-205	193	6
30 Sep 17	2,235	-288	210	6
30 Jun 17	2,419	-22	210	7
31 Mar 17	2,416	-158	233	6
31 Dec 16	2,431	-62	249	5
30 Sep 16	2,519	73	250	6
30 Jun 16	2,499	-73	252	6
31 Mar 16	2,597	152	241	6
31 Dec 15	2,754	65	227	7
30 Sep 15	2,669	148	231	7
30 Jun 15	2,607	6	233	7
31 Mar 15	2,544	45	217	6
31 Dec 14	2,398	58	223	5
30 Sep 14	2,486	14	221	6
30 Jun 14	2,495	323	225	5
31 Mar 14	2,414	230	236	7
31 Dec 13	2,439	233	250	7
30 Sep 13	2,308	246	261	8
30 Jun 13	2,007	161	279	9
31 Mar 13	1,869	132	286	8
31 Dec 12	1,891	253	274	9

Quality Earnings: CCO has a large one-off loss of CA$213.9M impacting its last 12 months of financial results to March 25 55463.

Growing Profit Margin: CCO's current net profit margins (4.7%) are higher than last year (3.6%).

Past Earnings Growth Analysis

Earnings Trend: CCO has become profitable over the past 5 years, growing earnings by 12.6% per year.

Accelerating Growth: CCO's earnings growth over the past year (54%) exceeds its 5-year average (12.6% per year).

Earnings vs Industry: CCO earnings growth over the past year (54%) exceeded the Oil and Gas industry -13.5%.

Cameco Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Cameco Corporation to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings: Revenues exceed analyst expectations

First quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Full year 2022 earnings: EPS misses analyst expectations

Cameco Corporation to Report Q4, 2022 Results on Feb 09, 2023

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Recent updates

Consensus EPS estimates increase by 14%

Cameco Mourns Loss of Long-Time Board Chair Ian Bruce

Now 21% undervalued

Price target increased by 7.3% to CA$58.78

Calculating The Fair Value Of Cameco Corporation (TSE:CCO)

Cameco (TSE:CCO) Seems To Use Debt Rather Sparingly

Cameco Corporation Provides Production Update

Senior VP & Chief Corporate Officer notifies of intention to sell stock

Should You Be Adding Cameco (TSE:CCO) To Your Watchlist Today?

Executive VP & CFO notifies of intention to sell stock

Consensus EPS estimates fall by 30%, revenue upgraded

Cameco Corporation to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings: Revenues exceed analyst expectations

President recently sold CA$3.3m worth of stock

Insider recently sold CA$79k worth of stock

Calculating The Fair Value Of Cameco Corporation (TSE:CCO)

Senior VP notifies of intention to sell stock

Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?

First quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Returns On Capital At Cameco (TSE:CCO) Have Stalled

Calculating The Fair Value Of Cameco Corporation (TSE:CCO)

Insider recently sold CA$315k worth of stock

Cameco Corporation, Annual General Meeting, May 10, 2023

Price target increased by 7.2% to CA$47.39

Full year 2022 earnings: EPS misses analyst expectations

Cameco Corporation Announces Management Appointments

President exercised options and sold CA$2.3m worth of stock

Is Cameco Corporation (TSE:CCO) Worth CA$32.0 Based On Its Intrinsic Value?

Upcoming dividend of CA$0.12 per share

Insufficient new directors

Cameco Produces First Packaged Pounds Following McArthur River/Key Lake Restart

Cameco Corporation to Report Q4, 2022 Results on Feb 09, 2023

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Cameco Corporation has completed a Follow-on Equity Offering in the amount of $747.556638 million.

Consensus forecasts updated

Cameco Corporation has completed a Follow-on Equity Offering in the amount of $650.04925 million.

A strategic consortium led by Cameco Corporation (TSX:CCO) and Brookfield Renewable Partners L.P. (TSX:BEP.UN) entered into an equity purchase agreement to acquire Westinghouse Electric Company LLC from Brookfield Business Partners L.P. (NYSE:BBU) and others at an enterprise value of $7.9 billion.

Cameco (TSE:CCO) Could Be At Risk Of Shrinking As A Company

Second quarter 2022 earnings: Revenues exceed analyst expectations

Cameco Corporation to Report Q3, 2022 Results on Oct 27, 2022

Here's Why Cameco (TSE:CCO) Can Manage Its Debt Responsibly

Cameco Corporation (TSE:CCO) Shares Could Be 31% Below Their Intrinsic Value Estimate

Cameco Corporation (TSX:CCO) and Orano Canada Inc. completed the acquisition of additional 7.875% minority stake in Cigar Lake Mine from Idemitsu Canada Resources Ltd.

Cameco Corporation (TSX:CCO) and Orano Canada Inc. have reached agreement to acquire a 7.875% stake in Cigar Lake Mine from Idemitsu Canada Resources Ltd for approximately CAD 190 million.

Insufficient new directors

Cameco Corporation to Report Q2, 2022 Results on Jul 27, 2022

Does Cameco (TSE:CCO) Have A Healthy Balance Sheet?

Now 20% undervalued after recent price drop

Cameco Corporation, Annual General Meeting, May 10, 2022

Cameco Corporation (TSE:CCO) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

Full year 2021 earnings: Revenues in line with analyst expectations

Cameco Corporation Announces Annual Dividend for December 2022

Senior VP & CFO exercised options and sold CA$301k worth of stock

These Return Metrics Don't Make Cameco (TSE:CCO) Look Too Strong

Upcoming dividend of CA$0.08 per share

Price target increased to CA$35.41

Cameco (TSE:CCO) Seems To Use Debt Quite Sensibly

Third quarter 2021 earnings released: CA$0.18 loss per share (vs CA$0.15 loss in 3Q 2020)

Insufficient new directors

Cameco Corporation Resuming Production at Cigar Lake

Cameco Provides Update on Wildfire Around Cigar Lake Uranium Mine in Northern Saskatchewan

Cameco Corporation Plans to Restart Production in April 2021 At its Cigar Lake Uranium Mine Located in Northern Saskatchewan

Here's Why Cameco (TSE:CCO) Can Manage Its Debt Responsibly

Consensus forecasts updated

Senior VP & Chief Corporate Officer exercised options and sold CA$472k worth of stock

President exercised options and sold CA$1.5m worth of stock

New 90-day high: CA$23.20

Is Cameco (TSE:CCO) Using Capital Effectively?

Price target raised to CA$20.25

Revenue & Expenses Breakdown
Beta