Cameco Swings to Q3 Adjusted Net Loss YoY

07:24 AM EDT, 10/30/2026 (MT Newswires) -- Cameco (CCO.TO) on Friday reported a Q3 adjusted net loss of CA$2 million, or nil per share, swinging from adjusted net earnings of CA$32 million, or CA$0.07 per share. Analysts polled by FactSet expected CA$0.32. Revenue was CA$619 million, up from CA$615 million. Analysts expected CA$754.5 million. Cameco's board declared a 2026 annual dividend of CA$0.24 per common share, payable on Dec. 15 to shareholders of record on Nov. 30. Cameco produced 3.5 million pounds of uranium, down from 4.4 million pounds. The company narrowed its 2026 guidance for its expected share of uranium concentrate production to 19.5 million to 20.5 million pounds, from the previous guidance of 19.5 million to 21.5 million pounds.