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

Cogent Communications Holdings

03/11/2022 12:42

* Cogent Communications Holdings Inc  CCOI.OQ  reported a
quarterly adjusted loss of 17 cents​​ per share for the quarter
ended in September. The mean expectation of fourteen analysts
for the quarter was for earnings of 22 cents per share.
    * Revenue rose 1.4% to $150.00 million from a year ago;
analysts
expected $149.81 million. 
    * Cogent Communications Holdings Inc's reported EPS for the
quarter was a loss of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Cogent Communications Holdings Inc shares had risen
by 1.1% this
quarter and lost 27.9% so far this year.
    * The company reported a quarterly loss of $8.01 million.
    * Wall Street's median 12-month price target for Cogent
Communications Holdings Inc is $64.00 
    * 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 November
3 at 12:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.21           0.39           Beat