Cogeco (CGECF) to Release Quarterly Earnings on Thursday
by Renee Jackson · The Cerbat GemCogeco (OTCMKTS:CGECF – Get Free Report) is anticipated to announce its results after the market closes on Thursday, April 9th. Analysts expect the company to announce earnings of $1.39 per share and revenue of $518.5440 million for the quarter.
Cogeco Trading Down 4.1%
Shares of CGECF stock opened at $48.16 on Tuesday. Cogeco has a 1-year low of $39.59 and a 1-year high of $55.69. The stock’s fifty day simple moving average is $52.07 and its 200-day simple moving average is $47.65.
Analyst Ratings Changes
Separately, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Cogeco in a report on Friday, January 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Cogeco presently has an average rating of “Hold”.
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About Cogeco
Cogeco Communications Inc (OTCMKTS:CGECF) is a Canadian telecommunications and media company that provides a suite of residential and business services. The company’s offerings include cable television, high-speed Internet access, and digital voice services, delivered over a hybrid fiber-coaxial network. Through its core cable operations in Ontario and Quebec, Cogeco serves hundreds of communities with a focus on delivering reliable connectivity and enhanced entertainment packages.
In the United States, Cogeco operates under the Atlantic Broadband brand, serving multiple markets along the East Coast and in the Midwest.