Cogent Communications Holdings Inc expected to post earnings of 16  cents a share - Earnings Preview

Cogent Communications Holdings

02/05/2023 16:07

* Cogent Communications Holdings Inc  CCOI.OQ   CCOI.O  is
expected to show a rise in quarterly revenue when it reports 
results on May 4. 
    * The Washington Washington Dc-based  company is expected to
report  a 3.2% increase in revenue to $154.015 million from
$149.18 million a year ago, according to the mean estimate from
9 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cogent
Communications
Holdings Inc is for earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and 3 "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 $64.5​, below​ its last closing
price of $69.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.18        0.18       0.02      Missed  -89.1
 Sep. 30 2022  0.23        0.22       -0.17     Missed  -178.8
 Jun. 30 2022  0.25        0.25       0.24      Missed  -3​
 Mar. 31 2022  0.20        0.21       0.02      Missed  -90.4
 ​​Dec.        0.24        0.21       0.39      Beat    83.5
 31 2021                                                
 Sep. 30 2021  0.24        0.24       0.28      Beat    16​
 Jun. 30 2021  0.21        0.21       -0.05     Missed  -123.7
 Mar. 31 2021  0.18        0.18       0.52      Beat    190.5
 This summary was machine generated May 2 at 15:07 GMT.  All
figures in US dollars  unless otherwise stated