CABO Stock Recent News
CABO LATEST HEADLINES
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Cable Television industry participants like RCI, LBTYA and CABO are benefiting from growing demand for high-speed Internet and increased media consumption amid cord-cutting.
Macquarie analyst Tim Nollen recently stated that none of the top five Hollywood stocks were worth recommending.
Cable One, Inc. (NYSE:CABO ) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Jordan Morkert - Vice President-Investor Relations Julia Laulis - Chief Executive Officer Todd Koetje - Chief Financial Officer Conference Call Participants Greg Williams - TD Cowen Sebastiano Petti - JPMorgan Frank Louthan - Raymond James Kohulan Paramaguru - BNP Paribas Craig Moffett - MoffettNathanson Brandon Nispel - KeyBanc Capital Markets Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
The headline numbers for Cable One (CABO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cable One (CABO) came out with quarterly earnings of $8.16 per share, missing the Zacks Consensus Estimate of $10.36 per share. This compares to earnings of $10.43 per share a year ago.
PHOENIX--(BUSINESS WIRE)--Cable One, Inc. (NYSE: CABO) (the “Company” or “Cable One”) today reported financial and operating results for the quarter ended June 30, 2024. Three Months Ended June 30, (dollars in thousands) 2024 2023 $ Change % Change Revenues $ 394,461 $ 424,024 $ (29,563 ) (7.0 )% Net income $ 47,649 $ 55,246 $ (7,597 ) (13.8 )% Net profit margin 12.1 % 13.0 % Cash flows from operating activities $ 155,548 $ 169,564 $ (14.
Cable One (CABO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
PHOENIX--(BUSINESS WIRE)--The Board of Directors of Cable One, Inc. (NYSE: CABO) today declared a quarterly cash dividend of $2.95 per share. The dividend is payable on June 14, 2024 to stockholders of record at the close of business on May 28, 2024. About Cable One Cable One, Inc. (NYSE:CABO) is a leading broadband communications provider committed to connecting customers and communities to what matters most. Through Sparklight® and the associated Cable One family of brands, the Company serves.