Cogent Communications Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• Cogent Communications Holdings Inc CCOI.OQ reported a quarterly adjusted loss of 91 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $4.17. The mean expectation of twelve analysts for the quarter was for a loss of $1.21 per share. Wall Street expected results to range from $-1.63 to -70 cents per share.

• Revenue fell 7.3% to $252.29 million from a year ago; analysts expected $258.23 million.

• Cogent Communications Holdings Inc's reported EPS for the quarter was a loss of 91 cents​.

• The company reported a quarterly loss of $43.32 million.

• Cogent Communications Holdings Inc shares had risen by 3.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the integrated telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Cogent Communications Holdings Inc is $90.00

This summary was machine generated from LSEG data February 27 at 03:31 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)