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Cogeco Communications Reports Lower Q4 Adjusted Earnings, Revenue

Cogeco Communications Reports Lower Q4 Adjusted Earnings, Revenue

MT newswireMT newswire2026/10/29 11:09
07:09 AM EDT, 10/29/2026 (MT Newswires) -- Cogeco Communications (CCA.TO) reported fiscal fourth quarter adjusted earnings of CA$2.05 per share compared with adjusted earnings of CA$2.09 per share a year earlier. Analysts polled by FactSet expected CA$2.43. Revenue for the quarter ended Aug. 31 was CA$695.5 million compared with CA$708.7 million, the company said after markets closed Wednesday. Analysts expected revenue of CA$691.8 million. The company's board of directors increased quarterly dividend by 2% to CA$1.007 per share, it said. The company said it expects fiscal 2027 revenue to decrease by a low to mid single digit percentage, on a constant currency basis. On a constant currency basis, fiscal 2027 adjusted EBITDA is expected to decrease by a mid to high single digit percentage, it added. The company expects a lower level of capital expenditures than the previous year, ranging from CA$425 million to CA$475 million, it said.
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