Cogent Communications Holdings Inc expected to post earnings of 18cents a share - Earnings Preview

Cogent Communications Holdings

21/02/2023 13:23

* Cogent Communications Holdings Inc  CCOI.OQ   CCOI.O  is
expected to show a rise in quarterly revenue when it reports 
results on February 23. 
    * The Washington Washington Dc-based  company is expected to
report  a 2.7% increase in revenue to $151.134 million from
$147.21 million a year ago, according to the mean estimate from
12 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cogent
Communications
Holdings Inc is for earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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 $65.5​, below​ its last closing
price of $68.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.24        0.21       0.39      Beat    83.5
 ​​Sep.        0.24        0.24       0.28      Beat    16
 30 2021                                                
 Jun. 30 2021  0.21        0.21       -0.05     Missed  -123.7
                                                        ​
 Mar. 31 2021  0.18        0.18       0.52      Beat    190.5
 Dec. 31 2020  0.12        0.15       -0.14     Missed  -194.7
 This summary was machine generated February 21 at 13:23 GMT. 
All figures in US dollars  unless otherwise stated