The company, Cable One, Inc. (CABO), is set to release its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate of $8.36 per share.
CABO's current price stands at $102.53, reflecting a $2.74 increase (2.75%) from the previous close. Trading volume is notably 37.51% higher than the average, reaching $55,431.
CABO has experienced a streak of four consecutive days with a price decrease of $14.43 (-12.34%), starting from $116.96.
In the latest quarterly earnings report from Wednesday, February 25th, CABO reported an earnings per share of -$1.35, missing the consensus estimate of $7.6. The total revenue stood at $363.74 million, slightly below the consensus estimate of $368.59 million.
The company's forward dividend yield is at 11.51%, with a dividend per share of $2.95, showing a decrease of 66.67 cents year-over-year.
Free cash flow for CABO is reported at $71.55 million, with net cash decreasing by $13.88 million, ending at $152.77 million.
CABO's gross profit is at -$68.67 million, with an EBITDA of $119.56 million. The net income for the period is reported at -$7.62 million.
Key ratios show a quick ratio of 0.4, gross profit margin at -18.88%, and a price-to-earnings ratio of -20.88 for CABO.
Total assets for CABO amount to $5.59 billion, with total liabilities at $4.15 billion, resulting in a net debt of $3 billion.
This comprehensive overview provides insights into CABO's recent performance and financial standing.
Cable One, Inc., together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides residential video services, such as local networks; local community programming that includes governmental and public access; and other channels, as well as digital video services, including national and regional cable networks, music channels, and an interactive and electronic programming guide with parental controls. In addition, the company offers premium channels that offer movies, original programming, live sporting events, and concerts and other features; and advanced video services, such as whole-home DVRs and high-definition set-top boxes, as well as TV Everywhere product, which enables its video customers to stream various channels and shows to mobile devices and computers. Further, it provides residential voice services comprising local and long-distance calling, voicemail, call waiting, three-way calling, caller ID, anonymous call rejection, and other features, as well as international calling by the minute services. Additionally, the company offers data, voice, and video products to business customers, including small to mid-markets, enterprises, and wholesale and carrier customers. As of December 31, 2021, it served approximately 1.2 million residential and business customers in 24 states through its Sparklight, Fidelity, and Clearwave brands. Cable One, Inc. was incorporated in 1980 and is headquartered in Phoenix, Arizona.