Cogeco Communications Inc expected to post earnings of C$1.92 a share - Earnings Preview

Cogeco Communications

29/10/2024 21:07

* Cogeco Communications Inc  CCA.TO   is expected to show a
rise
in quarterly revenue when it reports  results on October 31 for
the period ending August 31 2024
    * The Montreal Quebec-based  company is expected to report a
0.9% increase in revenue to C$749.722 million from C$743.4
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cogeco Communications
Inc is
for earnings of C$1.92 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cogeco
Communications Inc is 74.25​, above​ its last closing price
of C$70.57. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.99        2.01       1.67      Missed  -16.8
 Jan. 1 0001   1.97        1.91       2.20      Beat    15.2
 Jan. 1 0001   1.86        1.84       2.01      Beat    9.3​
 Aug. 31 2023  1.97        1.96       1.95      Missed  -0.7
 ​​Jan.        1.97        1.99       2.34      Beat    17.7
 1 0001                                                 
 Feb. 28 2023  2.08        2.08       2.19      Beat    5.3​
 Nov. 30 2022  2.28        2.28       2.44      Beat    7.2
 Jan. 1 0001   2.02        2.03       2.28      Beat    12.5
 This summary was machine generated October 29 at 21:06 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)