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Cable ONE, Inc (CABO)
NYSE:CABO
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
8.84Last Year’s EPS
8.11Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -0.33%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Negative
The earnings call highlighted positive developments in business broadband growth, technological advancements, and improved capital expenditure efficiency. However, these were overshadowed by significant declines in total and residential data revenues, a substantial net loss, and challenges in a competitive environment. The sentiment is negative due to these outweighing lowlights.Company Guidance
During the Cable One Fourth Quarter and Full Year 2024 Earnings Conference Call, several key metrics and strategic initiatives were discussed. The company reported total revenues of $1.58 billion for 2024, marking a 5.9% decrease from the previous year, with a 5.5% decline in residential data revenues and a 2.6% increase in business data revenues. Adjusted EBITDA was $854 million, a 6.9% decrease year-over-year, and capital expenditures totaled $286.4 million. Notably, residential data ARPU was $80.39, down 4.9% from 2023, although it stabilized in the latter half of the year. Cable One emphasized its focus on broadband revenue growth, targeting specific market segments to drive unit growth and ARPU expansion. The company also highlighted its strategic initiatives, such as network upgrades, AI integration, and a unified billing system migration, aimed at enhancing customer experience and operational efficiency. Additionally, the company discussed its competitive positioning, noting a decrease in new third-party overbuilds and its confidence in maintaining favorable market dynamics. Cable One's net leverage ratio stood at 4.1 times, with a focus on reducing leverage through strategic monetizations and refinancing strategies. Looking ahead, Cable One expressed optimism about its growth prospects in 2025, driven by its phased plan for long-term growth and strategic investments.Business Broadband Revenue Growth
Business broadband revenue increased by 2.6% year-over-year, driven by high-value carrier, wholesale, and enterprise customers.
Implementation of Advanced Technology
Launched AI models to enhance customer service and operational efficiency, including a churn propensity model and project management tools.
Capital Expenditure Efficiency
Capital expenditures decreased significantly to $286.4 million in 2024 from $371 million in 2023, demonstrating capital efficiency.
Strong Cash Flow Growth
Adjusted EBITDA less capital expenditures increased by 25% year-over-year in Q4 2024.
Expansion in Business Segments
Positive outlook for growth in Carrier, Enterprise, and Wholesale segments for 2025.
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CABO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CABO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $266.65 | $260.18 | -2.43% |
| Nov 07, 2024 | $380.04 | $395.76 | +4.14% |
| Aug 01, 2024 | $394.48 | $384.43 | -2.55% |
| May 02, 2024 | $382.74 | $365.80 | -4.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cable ONE, Inc (CABO) report earnings?
Cable ONE, Inc (CABO) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Cable ONE, Inc (CABO) earnings time?
Cable ONE, Inc (CABO) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CABO EPS forecast?
CABO EPS forecast for the fiscal quarter 2025 (Q1) is 8.84.
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