Fuel Services SegmentFuel Services Segment came in softer-than-anticipated on a gross profit basis, with gross profit coming in at C$33 million vs GS estimates of C$60 million.
Investor ConcernsInvestor concerns around the company’s lack of exposure to the spot market stems from opaqueness of the term price discovery mechanism for evaluation of forward estimates.
Uranium SegmentThe Uranium Segment missed GS expectations on a gross profit basis, with Cameco reporting C$144 million vs GS estimates of C$213 million.