Cable One Q2 2024 Adj EPS $8.16 Misses $9.36 Estimate, Sales $394.46M Miss $399.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cable One (NYSE:CABO) reported Q2 2024 earnings per share of $8.16, missing the analyst estimate of $9.36 by 12.82%. The company also reported sales of $394.46 million, which missed the estimate of $399.83 million by 1.34%. This represents a 6.97% decrease from the same period last year.
August 01, 2024 | 8:29 pm
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Cable One (NYSE:CABO) reported Q2 2024 earnings per share of $8.16, missing the analyst estimate of $9.36 by 12.82%. The company also reported sales of $394.46 million, which missed the estimate of $399.83 million by 1.34%. This represents a 6.97% decrease from the same period last year.
Cable One's Q2 2024 earnings and sales both missed analyst estimates, with a significant 12.82% miss on EPS and a 1.34% miss on sales. Additionally, sales decreased by 6.97% compared to the same period last year. This negative performance is likely to impact the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100