- Cogeco’s first-quarter revenue was C$765.0 million, a decrease of 1.4% compared to the previous year, and close to the estimated C$771 million.
- The company reported an Adjusted Earnings Per Share (EPS) of C$2.82, while the actual EPS was C$3.09, up from C$2.21 year-over-year.
- Adjusted EBITDA reached C$371.1 million, showing a 1.4% increase from the previous year and surpassing the estimated C$366.5 million.
- Free cash flow experienced a growth of 7.5% year-over-year, amounting to C$152.5 million.
- Demand for higher speed offerings and efficiency initiatives helped improve the overall product mix and maintain a strong adjusted EBITDA margin.
- Analyst recommendations for Cogeco include one buy and one hold, with no sell recommendations.
A look at Cogeco Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Long-Term Outlook for Cogeco Inc based on Smartkarma Smart Scores:
When looking at the long-term outlook for Cogeco Inc, a diversified communications company operating in Canada, we see a promising picture painted by its Smartkarma Smart Scores. The company scores high across various factors, with top marks in Value and a strong Dividend score. This indicates Cogeco Inc‘s solid position from a valuation perspective and its commitment to rewarding shareholders.
While the company shows good Momentum and a respectable Growth score, there is room for improvement in Resilience. This suggests that while Cogeco Inc is heading in the right direction, there may be areas where it can further strengthen its operations to weather potential uncertainties in the market. Overall, with its strong Value and Dividend scores, Cogeco Inc seems well-positioned for long-term success in the ever-evolving communications industry.
Company Description:
Cogeco Inc. is a diversified communications company based in Canada. The company, along with its subsidiaries, operates as a cable television provider serving customers across Canada. Furthermore, Cogeco Inc. is involved in the operation of television and radio stations primarily in Quebec, Canada, showcasing its broad presence in the media and communications sector.
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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