Cable One Inc reports results for the quarter ended June 30 - Earnings Summary

• Cable One Inc CABO.N reported quarterly adjusted earnings of $3.23​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $9.10. The mean expectation of six analysts for the quarter was for earnings of $6.99 per share. Wall Street expected results to range from $5.49 to $9.84 per share.

• Revenue fell 3.4% to $381.07 million from a year ago; analysts expected $379.16 million.

• Cable One Inc's reported EPS for the quarter was a loss of $77.70​.

• The company reported a quarterly loss of $437.98 million.

• Cable One Inc shares had fallen by 2.3% this quarter and lost 63.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."

• Wall Street's median 12-month price target for Cable One Inc is $345.00, about 62.9% above its last closing price of $127.98

This summary was machine generated from LSEG data July 31 at 10:35 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)