Cogeco Communications Inc
CCA: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !< | LOCK|#&^ | LOCK|q$j&Jn |
Cogeco Earnings: Transformation Yields Some Positives, but Sales and Profit Declines Continue
Cogeco has successfully brought down some costs and had an excellent fiscal fourth quarter in adding new Canadian internet subscribers. However, secular declines in landline phone and pay TV kept Canadian revenue shrinking, and performance in the US business remained poor.
