Cable One: Q1 Earnings Insights

Cable One (NYSE:CABO) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM. Here’s what…

Cable One (NYSE:CABO) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Cable One missed estimated earnings by 28.26%, reporting an EPS of $9.62 versus an estimate of $13.41.

Revenue was down $4.83 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $3.09 which was followed by a 4.88% drop in the share price the next day.

Here’s a look at Cable One’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 12.03 12.46 13.13 11.48
EPS Actual 8.94 11.53 12.10 13.58
Revenue Estimate 422.51M 430.85M 431.80M 429.13M
Revenue Actual 425.51M 424.72M 429.08M 426.73M

To track all earnings releases for Cable One visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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