Cable One, Inc. (NYSE:CABO) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, CABO is expected to report 3Q20 income of $ 10.76 per share from revenue of $ 336.10 million.
For the full year, analysts anticipate top line of $ 1326.30 million, while looking forward to income of $ 45.24 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 333.00 million ~ $ 339.00 million
Click Here For More Historical Outlooks Of Cable One, Inc.
Previous Quarter Performance
Cable One, Inc. communicated income for the second quarter of $ 10.63 per share, from the revenue of $ 328.30 million. The quarterly earnings expanded 67.40 percent while revenues raised 14.91 percent compared with the same quarter last year.
Street analysts expected Cable One, Inc. to report income of $ 8.88 per share on revenue of $ 323.54 million for the second quarter. The bottom line results beat street analysts by $ 1.75 or 19.71 percent, at the same time, top line results outshined analysts by $ 4.76 million or 1.47 percent.
Stock Performance
Shares of Cable One, Inc. traded up $ 105.44 or 5.87 percent on Wednesday, reaching $ 1,900.39 with volume of 25.00 thousand shares. Cable One, Inc. has traded high as $ 1,926.80 and has cracked $ 1,797.61 on the downward trend
The closing price of $ 1,900.39, representing a 74.03 % increase from the 52 week low of $ 1031.39 and a 12.2 % decrease over the 52 week high of $ 2044.41.
The company has a market capital of $ 11.44 billion and is part of the Communication Services sector and Telecom Services industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 2.50 per share on August 4, 2020. The dividend were payable on September 4, 2020 to holders of record as of the close of business on August 18, 2020 and ex-dividend date on August 17, 2020.
Conference Call
Cable One, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cableone.net
Cable One, Inc. owns and operates cable systems that provide data, video, and voice services. The company offers residential data services, including WiFi ONE, a Wi-Fi solution to enhance Wi-Fi signal throughout the home.
