WideOpenWest Q4 EPS $(0.54) Misses $(0.01) Estimate, Sales $168.80M Miss $170.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
WideOpenWest (NYSE:WOW) reported Q4 losses of $(0.54) per share, missing the $(0.01) estimate by 5300%, and a 260% decrease from last year. Sales were $168.80M, missing the $170.57M estimate by 1.04%, and a 6.48% decrease from last year.
March 13, 2024 | 11:03 am
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NEGATIVE IMPACT
WideOpenWest reported significant Q4 losses and a miss in sales estimates, indicating a substantial year-over-year decline.
The substantial miss in both EPS and sales estimates, coupled with the significant year-over-year decline, suggests a negative short-term impact on WideOpenWest's stock price. The magnitude of the miss, especially in EPS, is likely to shake investor confidence and could lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100