Cogeco Fiscal Q4 Adjusted Earnings, Revenue Fall

07:50 AM EDT, 10/29/2026 (MT Newswires) -- Cogeco (CGO.TO) reported fiscal fourth quarter adjusted earnings of CA$2.04 per share, compared with adjusted earnings of CA$2.12 per share a year earlier. One analyst polled by FactSet expected loss of CA$2.62 per share. Revenue for the quarter ended Aug. 31 was CA$713.9 million compared with CA$731.4 million a year earlier, the company said after markets closed Wednesday. Two analysts expected revenue of CA$712.3 million. The company's board of directors increased quarterly dividend by 2% to CA$1.007 per share, it said. The company, on a constant currency basis, expects fiscal 2027 revenue to decrease by a low to mid single digit percentage, it said. On a constant currency basis, fiscal 2027 adjusted EBITDA is expected to decrease by a mid to high single digit percentage, added the company. The company expects a lower level of capital expenditures than the previous year, ranging from CA$430 million to CA$480 million, it said.