Cable One (CABO) reported $387.21 million in income for the quarter ended December 2024, representing a year-over-year decline of 6%. EPS of $1.53 for a similar interval compares to $10.66 a 12 months in the past.
The reported income represents a shock of -0.83% over the Zacks Consensus Estimate of $390.46 million. With the consensus EPS estimate being $9.91, the EPS shock was -84.56%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s worth efficiency extra precisely.
Right here is how Cable One carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Revenues- Residential Video: $50.85 million in comparison with the $51.07 million common estimate based mostly on two analysts. The reported quantity represents a change of -14.2% 12 months over 12 months.
- Revenues- Residential Information: $229.27 million in comparison with the $229.27 million common estimate based mostly on two analysts. The reported quantity represents a change of -5.4% 12 months over 12 months.
- Revenues- Different: $57.59 million in comparison with the $27.15 million common estimate based mostly on two analysts. The reported quantity represents a change of +125% 12 months over 12 months.
- Revenues- Enterprise companies(Enterprise knowledge+Enterprise different): $74.08 million in comparison with the $75.42 million common estimate based mostly on two analysts. The reported quantity represents a change of -2.4% 12 months over 12 months.
- Revenues- Residential Voice: $7.43 million in comparison with the $7.55 million common estimate based mostly on two analysts. The reported quantity represents a change of -15.1% 12 months over 12 months.
View all Key Company Metrics for Cable One here>>>
Shares of Cable One have returned -19.1% over the previous month versus the Zacks S&P 500 composite’s -2.2% change. The inventory at present has a Zacks Rank #5 (Sturdy Promote), indicating that it may underperform the broader market within the close to time period.
5 Shares Set to Double
Every was handpicked by a Zacks professional because the #1 favourite inventory to realize +100% or extra in 2024. Whereas not all picks could be winners, earlier suggestions have soared +143.0%, +175.9%, +498.3% and +673.0%.
Many of the shares on this report are flying below Wall Avenue radar, which gives an important alternative to get in on the bottom flooring.
Today, See These 5 Potential Home Runs >>
Cable One, Inc. (CABO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.