Cogent Communications (CCOI) Earnings Date, Estimates & Call Transcripts

$64.96
+0.64 (+1.00%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 9
Before Market Opens
Confirmed
Actual EPS
(Feb. 29)
-$0.16 Beat By $0.79
Consensus EPS
(Feb. 29)
-$0.95
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CCOI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CCOI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Cogent Communications Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242($1.08)$0.16($0.46)
Q2 20242($1.06)$0.30($0.38)
Q3 20242($0.99)$0.31($0.34)
Q4 20241($0.91)($0.91)($0.91)
FY 20247($4.04)($0.14)($2.09)
Q1 20251($0.95)($0.95)($0.95)
Q2 20251($0.87)($0.87)($0.87)
Q3 20251($0.64)($0.64)($0.64)
Q4 20251($0.52)($0.52)($0.52)
FY 20254($2.98)($2.98)($2.98)

CCOI Earnings Date and Information

Cogent Communications last announced its quarterly earnings results on February 29th, 2024. The technology company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.95) by $0.79. The company had revenue of $272.10 million for the quarter, compared to the consensus estimate of $275.82 million. Cogent Communications has generated $26.75 earnings per share over the last year ($26.75 diluted earnings per share) and currently has a price-to-earnings ratio of 2.4. Earnings for Cogent Communications are expected to grow in the coming year, from ($3.35) to ($2.32) per share. Cogent Communications has confirmed that its next quarterly earnings report will be published on Thursday, May 9th, 2024. Cogent Communications will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call..

Cogent Communications Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/9/2024
Confirmed)
-------  
2/29/2024Q4 2023($0.95)($0.16)+$0.79($4.49)$275.82 million$272.10 million
11/9/2023Q3 2023($0.87)($1.13)($0.26)($1.06)$280.70 million$275.43 million
8/10/2023Q2 2023$0.06($0.13)($0.19)($23.91)$259.80 million$239.81 million
5/4/2023Q1 2023$0.12$0.13+$0.01$0.13$153.79 million$116.10 million  
2/23/2023Q4 2022$0.18$0.03($0.15)$0.04$150.89 million$151.98 million
11/3/2022Q3 2022$0.23($0.13)($0.36)($0.09)$149.71 million$150.00 million
8/4/2022Q2 2022$0.22$0.24+$0.02$0.24$150.68 million$148.50 million  
4/29/2022Q1 2022$0.20$0.02($0.18)$0.02$149.10 million$149.20 million    
2/24/2022Q4 2021$0.20$0.24+$0.04$0.09$149.14 million$147.20 million    
11/4/2021Q3 2021$0.24$0.28+$0.04$0.28$148.63 million$147.93 million    
8/5/2021Q2 2021$0.21($0.05)($0.26)($0.05)$146.78 million$147.90 million  
4/28/2021Q1 2021$0.18$0.41+$0.23$0.41$144.17 million$146.78 million  

Cogent Communications Earnings - Frequently Asked Questions

When is Cogent Communications's earnings date?

Cogent Communications has confirmed that its next quarterly earnings data will be published on Thursday, May 9th, 2024. Learn more on CCOI's earnings history.

Did Cogent Communications beat their earnings estimates last quarter?

In the previous quarter, Cogent Communications (NASDAQ:CCOI) reported ($0.16) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.95) by $0.79. Learn more on analysts' earnings estimate vs. CCOI's actual earnings.

How much revenue does Cogent Communications generate each year?

Cogent Communications (NASDAQ:CCOI) has a recorded annual revenue of $940.92 million.

How much profit does Cogent Communications generate each year?

Cogent Communications (NASDAQ:CCOI) has a recorded net income of $1.27 billion. CCOI has generated $26.75 earnings per share over the last four quarters.

What is Cogent Communications's price-to-earnings ratio?

Cogent Communications (NASDAQ:CCOI) has a trailing price-to-earnings ratio of 2.43.

What is Cogent Communications's EPS forecast for next year?

Cogent Communications's earnings are expected to grow from ($3.35) per share to ($2.32) per share in the next year.


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This page (NASDAQ:CCOI) was last updated on 4/25/2024 by MarketBeat.com Staff

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