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

Brokerages predict that Uranium Energy Corp. (NASDAQ:UEC) will announce ($0.02) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Uranium Energy’s earnings. Uranium Energy reported earnings per share of ($0.03) in the same quarter last year, which would indicate a positive year over year growth rate of 33.3%. The company is scheduled to announce its next earnings report on Monday, October 21st.

On average, analysts expect that Uranium Energy will report full year earnings of ($0.09) per share for the current year, with EPS estimates ranging from ($0.10) to ($0.08). For the next fiscal year, analysts forecast that the business will post earnings of ($0.08) per share, with EPS estimates ranging from ($0.08) to ($0.07). Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Uranium Energy.

NASDAQ UEC traded up $0.01 on Friday, reaching $0.98. The stock had a trading volume of 631,459 shares, compared to its average volume of 1,257,396. The firm has a fifty day moving average of $0.94 and a two-hundred day moving average of $1.22. Uranium Energy has a 1-year low of $0.83 and a 1-year high of $1.78.

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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