Uranium Energy Corp Earnings: Loss Narrows

Uranium Energy Corp (AMEX:UEC) reported its results for the fourth quarter. Uranium Energy is a natural resource exploration company engaged in the exploration of properties that may contain uranium minerals in the United States.

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Uranium Energy Corp Earnings Cheat Sheet

Results: Loss narrowed to $4.8 million (loss of 6 cents per diluted share) from $5.6 million (loss of 6 cents per share) in the same quarter a year earlier.

Revenue: $7.5 million.

Actual vs. Wall St. Expectations: Uranium Energy Corp fell short of the mean analyst estimate of a loss of 2 cents per share.

Looking Forward: The average estimate for the first quarter of the next fiscal year is steady at 2 cents a share. Down from a loss of 8 cents per share sixty days ago, the average estimate for the fiscal year is now a loss of 23 cents.

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(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

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