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Cogeco Communications Inc <CCA.TO> expected to post earnings of C$2.04 a share - Earnings Preview

ReutersJan 10, 2025 9:03 PM
  • Cogeco Communications Inc CCA.TO is expected to show a fall in quarterly revenue when it reports results on January 13 for the period ending November 30 2024

  • The Montreal Quebec-based company is expected to report a 0.7% decrease in revenue to C$742.718 million from C$747.69 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Cogeco Communications Inc is for earnings of C$2.04 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and no "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 Cogeco Communications Inc is C$78.25​, above​ its last closing price of C$68.89. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Aug. 31 2024

1.85

1.92

1.94

Beat

1

May. 31 2024

1.99

2.01

1.67

Missed

-16.8

Feb. 29 2024

1.97

1.91

2.20

Beat

15.2​

Nov. 30 2023

1.86

1.84

2.01

Beat

9.3

​​Aug. 31 2023

1.97

1.96

1.95

Missed

-0.7

May. 31 2023

1.97

1.99

2.34

Beat

17.7​

Feb. 28 2023

2.08

2.08

2.19

Beat

5.3

Nov. 30 2022

2.28

2.28

2.44

Beat

7.2

This summary was machine generated January 10 at 21:02 GMT. All figures in Canadian 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)

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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