Cogeco Communications Inc expected to post earnings of C$2.08 a share - Earnings Preview

Cogeco Communications

11/04/2023 21:08

* Cogeco Communications Inc  CCA.TO   is expected to show a
rise
in quarterly revenue when it reports  results on April 13. 
    * The Montreal Quebec-based  company is expected to report 
a
1.5% increase in revenue to C$739.337 million from C$728.55
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cogeco
Communications Inc
is for earnings of C$2.08 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 2 "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$85​, above​ its last closing price
of C$66.64. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Nov. 30 2022  358.01      357.63     367.22    Beat    2.7
               million     million    million           
 Aug. 31 2022  342.24      341.85     347.07    Beat    1.5
               million     million    million           
 May. 31 2022  345.47      346.01     347.61    Beat    0.5​
               million     million    million           
 Feb. 28 2022  348.08      348.13     349.09    Beat    0.3
               million     million    million           
 ​​Nov.        340.73      340.31     349.29    Beat    2.6
 30 2021       million     million    million           
 Aug. 31 2021  296.75      297.57     290.57    Missed  -2.4​
               million     million    million           
 May. 31 2021  307.21      307.02     297.00    Missed  -3.3
               million     million    million           
 Feb. 28 2021  299.63      301.27     306.99    Beat    1.9
               million     million    million           
 This summary was machine generated April 11 at 20:08 GMT.  All
figures in Canadian dollars  unless otherwise stated