Cable One posted a second-quarter loss of $17.60 per share, far wider than the Zacks Consensus Estimate of a loss of $8.00 per share and a swing from earnings of $3.23 per share a year ago. Revenue came in at $348.93 million, edging past the consensus by 0.33% but down from $381.07 million in the prior-year quarter. The company has missed consensus EPS estimates in each of the last four quarters and beaten revenue estimates only once over that span. Shares have fallen about 61.6% year to date, compared with a 12.8% gain for the S&P 500.
Cable One IncQ2 loss of $17.60 per share, far wider than expected, and revenue down year-over-year.
Wolverine World Wide Inc