Cogent Communications Holdings Inc reports results for the quarter ended in December - Earnings Summary

Cogent Communications Holdings

23/02/2023 13:38

* Cogent Communications Holdings Inc  CCOI.OQ  reported
quarterly
adjusted earnings of 2 cents​​ per share for the quarter ended
in December. The mean expectation of fourteen analysts for the
quarter was for earnings of 18 cents per share.
    * Revenue rose 3.2% to $151.98 million from a year ago;
analysts
expected $151.13 million. 
    * Cogent Communications Holdings Inc's reported EPS for the
quarter was 2 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cogent Communications Holdings Inc shares had risen
by 15.1%
this quarter.
    * The company reported quarterly net income of $851
thousand.
    * Wall Street's median 12-month price target for Cogent
Communications Holdings Inc is $65.50 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 01:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.18           0.02           Missed
 Sep. 30 2022      0.22           -0.17          Missed
 Jun. 30 2022      0.25           0.24           Missed
 Mar. 31 2022      0.21           0.02           Missed