Cogeco Communications Inc reports results for the quarter ended August 31 - Earnings Summary
Cogeco Communications Inc reports results for the quarter ended August 31 - Earnings Summary
Cogeco Communications Inc CCA.TO reported quarterly adjusted earnings of C$2.05 per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of C$1.82. The mean expectation of nine analysts for the quarter was for earnings of C$2.24 per share. Wall Street expected results to range from C$1.85 to C$2.52 per share.
Revenue fell 1.9% to C$695.49 million from a year ago; analysts expected C$692.79 million.
Cogeco Communications Inc's reported EPS for the quarter was C$1.97.
The company reported quarterly net income of C$82.87 million.
Cogeco Communications Inc shares had risen by 2.5% this quarter and lost 19.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."
Wall Street's median 12-month price target for Cogeco Communications Inc is C$67.50, about 20.4% above its last closing price of C$53.76
This summary was machine generated from LSEG data October 29 at 12:04 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Aug. 31 2026 | 2.24 | 2.05 | Missed |
May. 31 2026 | 2.09 | 2.35 | Beat |
Feb. 28 2026 | 2.06 | 1.86 | Missed |
Nov. 30 2025 | 2.07 | 2.09 | Beat |
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