Cameco reports Q2 adjusted EPS 14c, consensus 19c

Reports Q2 revenue $598M vs. $482M last year. “Q2 operational performance was strong, driving financial results that remain in line with our full-year 2024 outlook,” said Tim Gitzel, CEO. “As expected, those results reflect normal quarterly variability, and while we believe Westinghouse is on track and continues to perform as expected, our overall results continue to be impacted by the required purchase accounting and other non-operational acquisition-related costs related to that investment”.