Cogeco Communications Q3 Adj. EPS $2.35 Beats $2.09 Estimate, Sales $696.681M Miss $701.277M Estimate

Cogeco Communications (TSX:CCA) reported quarterly earnings of $2.35 per share which beat the analyst consensus estimate of $2.09 by 12.44 percent. This is a 29.12 percent increase over earnings of $1.82 per share from the same period last year. The company reported quarterly sales of $696.681 million which missed the analyst consensus estimate of $701.277 million by 0.66 percent. This is a 4.65 percent decrease over sales of $730.679 million the same period last year.