Cable One Q2 Sales $424.02M Beat $421.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cable One (NYSE:CABO) reported Q2 sales of $424.02 million, beating the analyst consensus estimate of $421.05 million by 0.71 percent. However, this represents a 1.18 percent decrease compared to the same period last year.
August 04, 2023 | 2:23 pm
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NEUTRAL IMPACT
Cable One's Q2 sales exceeded analyst expectations, but are lower than the same period last year.
Cable One's Q2 sales beat analyst estimates, which is a positive signal. However, the fact that sales are down compared to the same period last year could be a concern for investors, potentially offsetting the positive impact of beating estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100