Cogeco Communications Inc reports results for the quarter ended May 31 - Earnings Summary

Cogeco Communications

16/07/2025 02:50

Cogeco Communications Inc CCA.TO reported quarterly adjusted earnings of C$1.67​​ per share for the quarter ended May 31, identical to the same quarter last year.  The mean expectation of nine analysts for the quarter was for earnings of C$1.89 per share. Wall Street expected results to range from C$1.76  to C$2.11 per share.

Revenue fell 2.7% to C$730.68 million from a year ago; analysts expected C$735.76 million.

Cogeco Communications Inc's reported EPS for the quarter was C$1.64​.

The company reported quarterly net income of C$69.9 million.

Cogeco Communications Inc shares had risen by 1.2% this quarter and gained 6.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2% 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 "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Cogeco Communications Inc is C$75.75, about 6.4% above its last closing price of C$70.90

This summary was machine generated from LSEG data July 16 at 01:50 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
May. 31 2025
1.89
1.67
Missed
Feb. 28 2025
1.61
1.76
Beat
Nov. 30 2024
2.04
2.38
Beat
Aug. 31 2024
1.92
1.94
Beat