* Cable One Inc reported quarterly adjusted earnings of $8.11 per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $9.62. The mean expectation of six analysts for the quarter was for earnings of $10.24 per share. Wall Street expected results to range from $9.37 to $11.23 per share.
* Revenue fell 4.2% to $404.31 million from a year ago; analysts expected $408.70 million.
* Cable One Inc's reported EPS for the quarter was $8.11.
* The company reported quarterly net income of $47.34 million.
* Cable One Inc shares had fallen by 6.4% this quarter and lost 28.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 8.1% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."
* The average consensus recommendation for the integrated telecommunications services peer group is also "hold"
Wall Street's median 12-month price target for Cable One Inc is $465.50 This summary was machine generated from LSEG data May 3 at 12:09 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 10.24 8.11 Missed
Dec. 31 2023 11.18 19.39 Beat
Sep. 30 2023 11.86 6.55 Missed
Jun. 30 2023 12.29 9.36 Missed
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