Cable One (CABO) reported $387.21 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 6%. EPS of $1.53 for the same period compares to $10.66 a year ago.
The reported revenue represents a surprise of -0.83% over the Zacks Consensus Estimate of $390.46 million. With the consensus EPS estimate being $9.91, the EPS surprise was -84.56%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Cable One performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Residential Video: $50.85 million compared to the $51.07 million average estimate based on two analysts. The reported number represents a change of -14.2% year over year.
- Revenues- Residential Data: $229.27 million compared to the $229.27 million average estimate based on two analysts. The reported number represents a change of -5.4% year over year.
- Revenues- Other: $57.59 million compared to the $27.15 million average estimate based on two analysts. The reported number represents a change of +125% year over year.
- Revenues- Business services(Business data+Business other): $74.08 million compared to the $75.42 million average estimate based on two analysts. The reported number represents a change of -2.4% year over year.
- Revenues- Residential Voice: $7.43 million compared to the $7.55 million average estimate based on two analysts. The reported number represents a change of -15.1% year over year.
Shares of Cable One have returned -19.1% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
