Relatively High Future Earnings Growth Detected in Shares of Cogent Communications in the Alternative Carriers Industry (CCOI, LVLT, EGHT, VG, PGI)
Below are the three companies in the Alternative Carriers industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Cogent Communications ranks highest with a future earnings growth of 225.9%. Following is Level 3 Communications with a future earnings growth of 71.5%. 8X8 INC ranks third highest with a future earnings growth of 50.3%.
Vonage follows with a future earnings growth of 6.8%, and Premiere Global Services rounds out the top five with a future earnings growth of 4.7%.
SmarTrend recommended that subscribers consider buying shares of Premiere Global Services on April 24th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $10.47. Since that recommendation, shares of Premiere Global Services have risen 33.7%. We continue to monitor Premiere Global Services for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth cogent communications level 3 communications 8x8 inc vonage premiere global services