Cable One IncCABO
▼ NegativeCapitalrelevance
EPS loss of $17.60 far below consensus estimate of $8.00
Impact on stocks 1
Cloud & Digital Infrastructure
Cable One IncCable One Q2 Revenue Tops Estimates but EPS Misses by 320%
Earnings
Cable One reported second-quarter revenue of $348.93 million, edging past the Zacks Consensus Estimate of $347.77 million, while earnings per share came in at a loss of $17.60, far below the consensus estimate of $8.00. Revenue fell 8.4% year over year, and the EPS loss compared with a profit of $3.23 in the same quarter last year. Residential data revenue was $212.6 million, slightly above the $211.84 million estimate, and residential video revenue of $38.49 million missed the $38.79 million estimate. Other revenue reached $23.77 million, exceeding the $22.73 million estimate, and residential voice revenue was $6.27 million, ahead of the $5.96 million estimate.
Cable One IncEPS loss of $17.60 far below consensus estimate of $8.00