Cogent Communications Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary
Cogent Communications Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary
Cogent Communications Holdings, Inc. CCOI.OQ reported a quarterly adjusted loss of 62 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -87 cents. The mean expectation of twelve analysts for the quarter was for a loss of 81 cents per share. Wall Street expected results to range from -97 cents to -55 cents per share.
Revenue fell 4.4% to $231.20 million from a year ago; analysts expected $235.15 million.
Cogent Communications Holdings, Inc.'s reported EPS for the quarter was a loss of 62 cents.
The company reported a quarterly loss of $30.15 million.
Cogent Communications Holdings, Inc. shares had fallen by 12.8% this quarter and lost 68.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 12.6% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."
Wall Street's median 12-month price target for Cogent Communications Holdings, Inc. is $13.00, about 47.8% above its last closing price of $6.79
This summary was machine generated from LSEG data November 5 at 03:59 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | -0.81 | -0.62 | Beat |
Jun. 30 2026 | -0.97 | -1.38 | Missed |
Mar. 31 2026 | -1.00 | -0.83 | Beat |
Dec. 31 2025 | -0.98 | -0.64 | Beat |
Recent news on Cogent Communications Holdings
See all newsCogent Communications Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary
Cogent Communications Q3 revenue falls, adjusted EBITDA misses estimates
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