Uranium Energy Corp. (UEC) Expected to Announce Earnings of -$0.02 Per Share

Analysts expect that Uranium Energy Corp. (NASDAQ:UEC) will post earnings per share of ($0.02) for the current quarter, Zacks reports. Zero analysts have provided estimates for Uranium Energy’s earnings. Uranium Energy posted earnings of ($0.03) per share during the same quarter last year, which would suggest a positive year over year growth rate of 33.3%. The firm is expected to issue its next earnings report on Monday, June 10th.

According to Zacks, analysts expect that Uranium Energy will report full-year earnings of ($0.10) per share for the current fiscal year, with EPS estimates ranging from ($0.10) to ($0.09). For the next financial year, analysts forecast that the firm will report earnings of ($0.05) per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that follow Uranium Energy.

Uranium Energy (NASDAQ:UEC) last issued its quarterly earnings data on Tuesday, March 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.01.

Separately, BidaskClub raised Uranium Energy from a “hold” rating to a “buy” rating in a report on Thursday, April 4th.

Shares of UEC traded down $0.04 during mid-day trading on Monday, hitting $1.36. 1,130,700 shares of the stock were exchanged, compared to its average volume of 1,169,149. Uranium Energy has a 52-week low of $1.12 and a 52-week high of $1.89.

Uranium Energy Company Profile

Uranium Energy Corp. operates as a uranium mining and exploration company. Its projects in South Texas include the Palangana ISR mine, the permitted Goliad ISR project, and the development-stage Burke Hollow ISR project; and project in Wyoming comprise the permitted Reno Creek ISR project. The company also controls a pipeline of advanced-stage uranium projects in Arizona, Colorado, New Mexico, and Paraguay, as well as a high-grade titanium project in Paraguay.

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