CABO is set to announce its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate EPS of 8.36. The market eagerly awaits this update.
Cable One, Inc. (CABO) is currently trading at $102.4, reflecting a price increase of $2.61 (2.62%) from the previous close. The trading volume is notably higher at $65,951, marking a 44.62% increase over the average.
CABO has experienced a four-day streak with a price decrease of $14.56 (-12.45%), starting from $116.96.
In the latest quarterly earnings reported on Wednesday, February 25th, CABO had an earnings per share of -$1.35, missing the consensus estimate of 7.6. The total revenue was $363.74 million, slightly below the consensus estimate of $368.59 million.
The forward dividend yield for CABO stands at 11.52%, with a dividend per share MRQ of $2.95.
CABO's operating cash flow totaled $145.53 million, with a net change in cash of -$13.88 million by the end of the period.
The company reported a gross profit of -$68.67 million, an operating income of $696.81 million, and a net income of -$7.62 million.
Key ratios for CABO include a net profit margin of -2.1%, return on equity of -0.53, and a price to earnings ratio of -20.88.
With a total asset value of $5.59 billion and total debt of $3.19 billion, CABO's balance sheet shows a strong financial position.
This comprehensive overview provides insight into CABO's financial standing, recent performance, and future prospects. Investors are advised to closely monitor upcoming earnings announcements and market trends.
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.