Cameco reports Q1 adjusted EPS 27c, consensus 25c

Reports Q1 revenue $687M vs. $398M last year. "Our results demonstrate the strength and purpose of the strategic decisions we have made over the last several years, and the continued support we see developing for nuclear power around the world. In fact, I am not sure there’s ever been a better time to be a pure-play investment in the growing demand for nuclear energy. We remain in the enviable position of having what we believe are the world’s premier, tier-one assets operating in a stable geopolitical region, and as McArthur River and Key Lake continue to ramp up to planned production, we are returning to our tier-one cost structure," said Tim Gitzel, Cameco’s president and CEO.