What trends are visible in CCJ's past year earnings?

Cameco Corporation (CCJ) has shown volatile earnings over the past year, with a significant decline in net income in the first quarter of 2024. The trends visible in CCJ's past year earnings are as follows:

1. Decline in Net Income: The net income of CCJ has experienced a sharp decline from $109.4 million in Q3 2023 to $5.5 million in Q3 2024, with a particularly steep drop to -$5.21 million in Q1 2024.
2. Recovery in Subsequent Quarters: After the initial decline, there is a recovery trend visible in the subsequent quarters, with net income increasing from $5.5 million in Q3 2024 to $10.35 million in Q2 2025, and further increasing to $26.31 million in Q3 2025.
3. Growth in Later Quarters: The trend of increasing net income continues in the later quarters, with net income reaching $87.96 million in Q2 2025 and $94.08 million in Q3 2025, before ending at $109.4 million in Q4 2025.