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Cogeco Communications Inc expected to post earnings of C$2.04 a share - Earnings Preview

* Cogeco Communications Inc  CCA.TO   is expected to show a
fall
in quarterly revenue when it reports  results on January 13 for
the period ending November 30 2024
    * The Montreal Quebec-based  company is expected to report a
0.7% decrease in revenue to C$742.718 million from C$747.69
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cogeco Communications
Inc is
for earnings of C$2.04 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 C$78.25​, above​ its last closing price
of C$68.89. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2024  1.85        1.92       1.94      Beat    1
 May. 31 2024  1.99        2.01       1.67      Missed  -16.8
 Feb. 29 2024  1.97        1.91       2.20      Beat    15.2​
 Nov. 30 2023  1.86        1.84       2.01      Beat    9.3
 ​​Aug.        1.97        1.96       1.95      Missed  -0.7
 31 2023                                                
 May. 31 2023  1.97        1.99       2.34      Beat    17.7​
 Feb. 28 2023  2.08        2.08       2.19      Beat    5.3
 Nov. 30 2022  2.28        2.28       2.44      Beat    7.2
 This summary was machine generated January 10 at 21:02 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)

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