Cogent Communications Holdings Inc expected to post a loss of $1.21 a share - Earnings Preview

Cogent Communications Holdings

25/02/2025 12:02

* Cogent Communications Holdings Inc  CCOI.OQ   CCOI.O  is
expected to show a fall in quarterly revenue when it reports 
results on February 27 for the period ending December 31 2024
    * The Washington Washington Dc-based  company is expected to
report a 5.1% decrease in revenue to $258.232 million from
$272.1 million a year ago, according to the mean estimate from
11 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Cogent Communications
Holdings
Inc is for a loss of $1.21 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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 Cogent
Communications Holdings Inc is $90.00​, above​ its last closing
price of $79.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -1.19       -1.19      -1.33     Missed  -11.5
 Jun. 30 2024  -1.26       -1.12      -0.68     Beat    39.4
 Mar. 31 2024  -1.16       -0.97      -1.38     Missed  -43​
 Dec. 31 2023  -0.93       -0.86      4.17      Beat    586.1
 ​​Sep.        -0.98       -0.99      -1.20     Missed  -21.5
 30 2023                                                
 Jun. 30 2023  0.00        0.01       -0.67     Missed  -10,14
                                                        5​
 Mar. 31 2023  0.17        0.15       0.14      Missed  -7.6
 Dec. 31 2022  0.18        0.18       0.02      Missed  -89.1
 This summary was machine generated February 25 at 12:02 GMT. 
All figures in US 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)