- Cogeco Communications‘ revenue for the first quarter met estimates, reported at C$738.7 million, a year-over-year decrease of 1.2%.
- Analysts estimated revenue to be C$745 million.
- Earnings per Share (EPS) were C$2.38, up from C$2.01 year-over-year.
- Adjusted EBITDA was C$365.2 million, marking a 1.7% increase year-over-year, surpassing the estimate of C$360.1 million.
- Net capital expenditure increased by 2.9% year-over-year to C$150.6 million.
- Cogeco Communications keeps its fiscal 2025 financial guidelines as communicated on October 31, 2024.
- The company is on track to launch wireless services in Canada over the next few quarters.
- Current analyst ratings for Cogeco Communications include 5 buys, 5 holds, and no sells.
A look at Cogeco Communications Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Cogeco Communications, the company shows a positive long-term outlook. With strong scores in Value and Dividend at 4, this indicates favorable financial health and investor returns. Additionally, Momentum is rated at 4, suggesting good market momentum. While Growth scores slightly lower at 3, indicating potential for expansion, and Resilience at 2 suggests some vulnerability, overall, the company appears well-positioned for sustainable performance.
Cogeco Communications Inc., a cable television operator providing a range of services including basic cable television, pay television, audio programming, and high-speed Internet access, primarily caters to customers across Canada. With a solid overall Smart Score profile, Cogeco Communications seems to offer a stable investment opportunity with promising prospects for value, dividends, and market momentum, despite some areas for potential growth and resilience improvement.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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