Cogeco Communications has beaten EPS estimates in three of its last four reported quarters. Its next report presents a different test: analysts expect earnings to rise even as revenue falls.
Cogeco Communications Inc. (TSX: CCA) is scheduled to report results after the market closes on October 28, 2026, for the quarter ended August 31. One earnings calendar lists an EPS estimate of C$2.28. A separate consensus snapshot, based on eight analysts, puts EPS at C$2.22 and revenue at C$696.21 million, based on seven analysts. Keep the difference between the two EPS estimates in mind when comparing sources. The snapshot points to 6.4% EPS growth from a year earlier, while revenue is expected to decline 1.8%.
Recent earnings trend
Advertisement
Cogeco Communications Inc
CCA.TO
CCA.TO
Cogeco Communications Inc
WealthAwesomeMarket cap
$2.27B
Div. yield
7.10%
Div. / share
$3.88
52W high
$74.96
52W low
$48.18
1W change
+5.66%
Beta
0.71
Analyst Price Targets
Based on analyst covering CCA · as of Oct 22, 2026
Wall Street analysts forecast CCA stock price to rise 24.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$68.23
+24.8% Upside
Previously C$68.91 on Oct 19, 2026
Current Price
C$54.69
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CCA's historical volatility
30-Day Vol
34.8%
Annualized
90-Day Vol
25.9%
Annualized
Trend (90d)
-46.9%
Annualized drift
90d Mean
C$45.71
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$51.11 | C$45.32 – C$57.63 |
| 60 trading days | C$48.33 | C$40.78 – C$57.28 |
| 90 trading days | C$45.71 | C$37.12 – C$56.28 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Analyst coverage: 8 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-08-31 | 2026-10-28 | — | 2.2800 | — |
| 2026-05-31 | 2026-07-15 | 2.3500 | 2.1700 | +8.3% |
| 2026-02-28 | 2026-04-09 | 1.9600 | 2.0700 | -5.3% |
| 2025-11-30 | 2026-01-14 | 2.1100 | 2.0500 | +2.9% |
| 2025-08-31 | 2025-10-29 | 2.0900 | 1.9400 | +7.7% |
| 2025-05-31 | 2025-07-15 | 1.8200 | 1.9400 | -6.2% |
Advertisement
Investor takeaway: The outlook is mixed. Cogeco has beaten estimates in three of its last four quarters, but analysts expect lower revenue and modest EPS growth this time. The results will show whether earnings can grow despite pressure on sales. For Canadian investors, the share price below its 50- and 200-day averages, along with negative trailing-twelve-month EPS and profit margin, adds context. These indicators don’t replace a look at the company’s results.
C$2.22: the August-quarter EPS consensus in the trends snapshot
The consensus snapshot puts EPS at C$2.22, up 6.4% from C$2.09 a year earlier. Its revenue estimate of C$696.21 million is down 1.8%. The earnings call should help explain how earnings could rise while revenue falls. The earnings calendar lists a separate EPS estimate of C$2.28.
Bull case
Cogeco beat estimates in three of its last four reported quarters. In May 2026, it reported EPS of C$2.35, above the C$2.17 estimate. The August-quarter consensus estimate is unchanged from 30 days ago, with one upward revision and no downward revisions. If Cogeco maintains earnings growth while managing the expected revenue decline, it would extend its recent run of positive EPS results.
Bear case
Analysts expect revenue to fall 1.8% year over year, so the forecast EPS increase isn’t backed by sales growth. Cogeco also missed estimates in February 2026, showing that its recent beats haven’t been consistent. The stock closed at C$54.69, below its 50-day average of C$56.50 and its 200-day average of C$63.87. These figures don’t predict the earnings result, but they point to a cautious backdrop.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
