Latest news with #AmericanCableSystems
Yahoo
28-05-2025
- Business
- Yahoo
Wireless, Cable and Satellite Stocks Q1 In Review: Cable One (NYSE:CABO) Vs Peers
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Cable One (NYSE:CABO) and the best and worst performers in the wireless, cable and satellite industry. The massive physical footprints of cell phone towers, fiber in the ground, or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have 'cut the cord' to their landlines and traditional cable subscriptions in favor of wireless communications and streaming video. These trends do mean that more households need cell phone plans and high-speed internet. Companies that successfully serve customers can enjoy high retention rates and pricing power since the options for mobile and internet connectivity in any geography are usually limited. The 8 wireless, cable and satellite stocks we track reported a mixed Q1. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 0.7% below. While some wireless, cable and satellite stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.9% since the latest earnings results. Founded in 1986, Cable One (NYSE:CABO) provides high-speed internet, cable television, and telephone services, primarily in smaller markets across the United States. Cable One reported revenues of $380.6 million, down 5.9% year on year. This print fell short of analysts' expectations by 1.5%. Overall, it was a slower quarter for the company with a miss of analysts' adjusted operating income estimates. Cable One delivered the weakest performance against analyst estimates of the whole group. Unsurprisingly, the stock is down 39.8% since reporting and currently trades at $158.05. Read our full report on Cable One here, it's free. Formerly known as American Cable Systems, Comcast (NASDAQ:CMCSA) is a multinational telecommunications company offering a wide range of services. Comcast reported revenues of $29.89 billion, flat year on year, in line with analysts' expectations. The business had a satisfactory quarter with a decent beat of analysts' EPS estimates but a miss of analysts' domestic broadband customers estimates. The market seems content with the results as the stock is up 1.8% since reporting. It currently trades at $35.01. Is now the time to buy Comcast? Access our full analysis of the earnings results here, it's free. Based in Long Island City, Altice USA (NYSE:ATUS) is a telecommunications company offering cable, internet, telephone, and television services across the United States. Altice reported revenues of $2.15 billion, down 4.4% year on year, in line with analysts' expectations. It was a slower quarter as it posted a significant miss of analysts' EPS estimates. As expected, the stock is down 7.2% since the results and currently trades at $2.45. Read our full analysis of Altice's results here. Formed in 1984 as Bell Atlantic after the breakup of Bell System into seven companies, Verizon (NYSE:VZ) is a telecom giant providing a range of communications and internet services. Verizon reported revenues of $33.49 billion, up 1.5% year on year. This result was in line with analysts' expectations. Zooming out, it was a mixed quarter as it underperformed in some other aspects of the business. The company added 1,194,000 customers to reach a total of 146 million. The stock is up 1.3% since reporting and currently trades at $43.48. Read our full, actionable report on Verizon here, it's free. Founded by Alexander Graham Bell, AT&T (NYSE:T) is a multinational telecomm conglomerate providing a range of communications and internet services. AT&T reported revenues of $30.63 billion, up 2% year on year. This print beat analysts' expectations by 1%. Zooming out, it was a mixed quarter as it also produced a decent beat of analysts' adjusted operating income estimates but a slight miss of analysts' EPS estimates. AT&T pulled off the fastest revenue growth among its peers. The stock is up 1.8% since reporting and currently trades at $27.45. Read our full, actionable report on AT&T here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
24-04-2025
- Business
- Globe and Mail
Comcast (NASDAQ:CMCSA) Reports Q1 In Line With Expectations
Telecommunications and media company Comcast (NASDAQ:CMCSA) met Wall Street's revenue expectations in Q1 CY2025, but sales were flat year on year at $29.89 billion. Its non-GAAP profit of $1.09 per share was 9.9% above analysts' consensus estimates. Is now the time to buy Comcast? Find out by accessing our full research report, it's free. 'We had strong financial results in the first quarter, growing Adjusted EPS mid-single digits and generating $5.4 billion of free cash flow while investing in our six growth businesses and returning $3.2 billion to shareholders," said Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation. Company Overview Formerly known as American Cable Systems, Comcast (NASDAQ:CMCSA) is a multinational telecommunications company offering a wide range of services. Wireless, Cable and Satellite The massive physical footprints of cell phone towers, fiber in the ground, or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have 'cut the cord' to their landlines and traditional cable subscriptions in favor of wireless communications and streaming video. These trends do mean that more households need cell phone plans and high-speed internet. Companies that successfully serve customers can enjoy high retention rates and pricing power since the options for mobile and internet connectivity in any geography are usually limited. Sales Growth A company's long-term sales performance can indicate its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Regrettably, Comcast's sales grew at a weak 2.6% compounded annual growth rate over the last five years. This fell short of our benchmarks and is a tough starting point for our analysis. Long-term growth is the most important, but within consumer discretionary, product cycles are short and revenue can be hit-driven due to rapidly changing trends and consumer preferences. Comcast's recent performance shows its demand has slowed as its annualized revenue growth of 1.4% over the last two years was below its five-year trend. Comcast also discloses its number of domestic broadband customers and domestic video customers, which clocked in at 31.64 million and 12.1 million in the latest quarter. Over the last two years, Comcast's domestic broadband customers were flat while its domestic video customers averaged 12% year-on-year declines. This quarter, Comcast's $29.89 billion of revenue was flat year on year and in line with Wall Street's estimates. Looking ahead, sell-side analysts expect revenue to remain flat over the next 12 months. This projection doesn't excite us and implies its newer products and services will not accelerate its top-line performance yet. Today's young investors won't have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Operating Margin Comcast's operating margin might fluctuated slightly over the last 12 months but has generally stayed the same, averaging 19% over the last two years. This profitability was top-notch for a consumer discretionary business, showing it's an well-run company with an efficient cost structure. In Q1, Comcast generated an operating profit margin of 18.9%, in line with the same quarter last year. This indicates the company's overall cost structure has been relatively stable. Earnings Per Share Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Comcast's EPS grew at an unimpressive 7.3% compounded annual growth rate over the last five years. This performance was better than its flat revenue but doesn't tell us much about its business quality because its operating margin didn't expand. In Q1, Comcast reported EPS at $1.09, up from $1.04 in the same quarter last year. This print beat analysts' estimates by 9.9%. Over the next 12 months, Wall Street expects Comcast's full-year EPS of $4.38 to stay about the same. Key Takeaways from Comcast's Q1 Results It was encouraging to see Comcast beat analysts' EPS expectations this quarter. We were also happy its EBITDA outperformed Wall Street's estimates. Overall, this quarter had some key positives, but shares traded down 3.4% to $33.24 immediately after reporting. Big picture, is Comcast a buy here and now? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free.
Globe and Mail
08-04-2025
- Business
- Globe and Mail
Q4 Earnings Review: Wireless, Cable and Satellite Stocks Led by Comcast (NASDAQ:CMCSA)
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Comcast (NASDAQ:CMCSA) and the best and worst performers in the wireless, cable and satellite industry. The massive physical footprints of cell phone towers, fiber in the ground, or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have 'cut the cord' to their landlines and traditional cable subscriptions in favor of wireless communications and streaming video. These trends do mean that more households need cell phone plans and high-speed internet. Companies that successfully serve customers can enjoy high retention rates and pricing power since the options for mobile and internet connectivity in any geography are usually limited. The 8 wireless, cable and satellite stocks we track reported a mixed Q4. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Best Q4: Comcast (NASDAQ:CMCSA) Formerly known as American Cable Systems, Comcast (NASDAQ:CMCSA) is a multinational telecommunications company offering a wide range of services. Comcast reported revenues of $31.92 billion, up 2.1% year on year. This print exceeded analysts' expectations by 1%. Overall, it was a strong quarter for the company with a decent beat of analysts' EPS and adjusted operating income estimates. 'We had the best financial performance in our company's 60-year history with record revenue, EBITDA and EPS along with significant free cash flow," said Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation. Comcast achieved the biggest analyst estimates beat and fastest revenue growth of the whole group. Investor expectations, however, were likely higher than Wall Street's published projections, leaving some wishing for even better results (analysts' consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 9.2% since reporting and currently trades at $33.91. Is now the time to buy Comcast? Access our full analysis of the earnings results here, it's free. Charter (NASDAQ:CHTR) Operating as Spectrum, Charter (NASDAQ:CHTR) is a leading telecommunications company offering cable television, high-speed internet, and voice services across the United States. Charter reported revenues of $13.93 billion, up 1.6% year on year, in line with analysts' expectations. The business had a satisfactory quarter with a decent beat of analysts' EPS estimates. However, the results were likely priced into the stock as it's traded sideways since reporting. Shares currently sit at $335.90. Is now the time to buy Charter? Access our full analysis of the earnings results here, it's free. Slowest Q4: Altice (NYSE:ATUS) Based in Long Island City, Altice USA (NYSE:ATUS) is a telecommunications company offering cable, internet, telephone, and television services across the United States. Altice reported revenues of $2.24 billion, down 2.9% year on year, in line with analysts' expectations. It was a softer quarter as it posted a significant miss of analysts' adjusted operating income and EPS estimates. As expected, the stock is down 14.8% since the results and currently trades at $2.31. Cable One (NYSE:CABO) Founded in 1986, Cable One (NYSE:CABO) provides high-speed internet, cable television, and telephone services, primarily in smaller markets across the United States. Cable One reported revenues of $387.2 million, down 6% year on year. This print missed analysts' expectations by 0.6%. Aside from that, it was a mixed quarter as it also logged an impressive beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. The stock is down 5.3% since reporting and currently trades at $253.34. Read our full, actionable report on Cable One here, it's free. Verizon (NYSE:VZ) Formed in 1984 as Bell Atlantic after the breakup of Bell System into seven companies, Verizon (NYSE:VZ) is a telecom giant providing a range of communications and internet services. Verizon reported revenues of $35.68 billion, up 1.6% year on year. This result surpassed analysts' expectations by 0.9%. More broadly, it was a mixed quarter as it also recorded EPS in line with analysts' estimates but a miss of analysts' adjusted operating income estimates. The company added 1,332,000 customers to reach a total of 146.1 million. The stock is up 9.6% since reporting and currently trades at $42.93. Read our full, actionable report on Verizon here, it's free. Market Update As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
08-04-2025
- Business
- Yahoo
Q4 Earnings Review: Wireless, Cable and Satellite Stocks Led by Comcast (NASDAQ:CMCSA)
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Comcast (NASDAQ:CMCSA) and the best and worst performers in the wireless, cable and satellite industry. The massive physical footprints of cell phone towers, fiber in the ground, or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have 'cut the cord' to their landlines and traditional cable subscriptions in favor of wireless communications and streaming video. These trends do mean that more households need cell phone plans and high-speed internet. Companies that successfully serve customers can enjoy high retention rates and pricing power since the options for mobile and internet connectivity in any geography are usually limited. The 8 wireless, cable and satellite stocks we track reported a mixed Q4. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Formerly known as American Cable Systems, Comcast (NASDAQ:CMCSA) is a multinational telecommunications company offering a wide range of services. Comcast reported revenues of $31.92 billion, up 2.1% year on year. This print exceeded analysts' expectations by 1%. Overall, it was a strong quarter for the company with a decent beat of analysts' EPS and adjusted operating income estimates. 'We had the best financial performance in our company's 60-year history with record revenue, EBITDA and EPS along with significant free cash flow," said Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation. Comcast achieved the biggest analyst estimates beat and fastest revenue growth of the whole group. Investor expectations, however, were likely higher than Wall Street's published projections, leaving some wishing for even better results (analysts' consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 9.2% since reporting and currently trades at $33.91. Is now the time to buy Comcast? Access our full analysis of the earnings results here, it's free. Operating as Spectrum, Charter (NASDAQ:CHTR) is a leading telecommunications company offering cable television, high-speed internet, and voice services across the United States. Charter reported revenues of $13.93 billion, up 1.6% year on year, in line with analysts' expectations. The business had a satisfactory quarter with a decent beat of analysts' EPS estimates. However, the results were likely priced into the stock as it's traded sideways since reporting. Shares currently sit at $335.90. Is now the time to buy Charter? Access our full analysis of the earnings results here, it's free. Based in Long Island City, Altice USA (NYSE:ATUS) is a telecommunications company offering cable, internet, telephone, and television services across the United States. Altice reported revenues of $2.24 billion, down 2.9% year on year, in line with analysts' expectations. It was a softer quarter as it posted a significant miss of analysts' adjusted operating income and EPS estimates. As expected, the stock is down 14.8% since the results and currently trades at $2.31. Read our full analysis of Altice's results here. Founded in 1986, Cable One (NYSE:CABO) provides high-speed internet, cable television, and telephone services, primarily in smaller markets across the United States. Cable One reported revenues of $387.2 million, down 6% year on year. This print missed analysts' expectations by 0.6%. Aside from that, it was a mixed quarter as it also logged an impressive beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. The stock is down 5.3% since reporting and currently trades at $253.34. Read our full, actionable report on Cable One here, it's free. Formed in 1984 as Bell Atlantic after the breakup of Bell System into seven companies, Verizon (NYSE:VZ) is a telecom giant providing a range of communications and internet services. Verizon reported revenues of $35.68 billion, up 1.6% year on year. This result surpassed analysts' expectations by 0.9%. More broadly, it was a mixed quarter as it also recorded EPS in line with analysts' estimates but a miss of analysts' adjusted operating income estimates. The company added 1,332,000 customers to reach a total of 146.1 million. The stock is up 9.6% since reporting and currently trades at $42.93. Read our full, actionable report on Verizon here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
29-03-2025
- Business
- Yahoo
Unpacking Q4 Earnings: Cable One (NYSE:CABO) In The Context Of Other Wireless, Cable and Satellite Stocks
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Cable One (NYSE:CABO) and the rest of the wireless, cable and satellite stocks fared in Q4. The massive physical footprints of cell phone towers, fiber in the ground, or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have 'cut the cord' to their landlines and traditional cable subscriptions in favor of wireless communications and streaming video. These trends do mean that more households need cell phone plans and high-speed internet. Companies that successfully serve customers can enjoy high retention rates and pricing power since the options for mobile and internet connectivity in any geography are usually limited. The 8 wireless, cable and satellite stocks we track reported a mixed Q4. As a group, revenues along with next quarter's revenue guidance were in line with analysts' consensus estimates. Luckily, wireless, cable and satellite stocks have performed well with share prices up 10.7% on average since the latest earnings results. Founded in 1986, Cable One (NYSE:CABO) provides high-speed internet, cable television, and telephone services, primarily in smaller markets across the United States. Cable One reported revenues of $387.2 million, down 6% year on year. This print fell short of analysts' expectations by 0.6%. Overall, it was a mixed quarter for the company with an impressive beat of analysts' EPS estimates but a miss of analysts' adjusted operating income estimates. The stock is up 2.1% since reporting and currently trades at $273. Is now the time to buy Cable One? Access our full analysis of the earnings results here, it's free. Formerly known as American Cable Systems, Comcast (NASDAQ:CMCSA) is a multinational telecommunications company offering a wide range of services. Comcast reported revenues of $31.92 billion, up 2.1% year on year, outperforming analysts' expectations by 1%. The business had a strong quarter with a decent beat of analysts' EPS and adjusted operating income estimates. Comcast achieved the biggest analyst estimates beat and fastest revenue growth among its peers. However, the results were likely priced into the stock as it's traded sideways since reporting. Shares currently sit at $37.33. Is now the time to buy Comcast? Access our full analysis of the earnings results here, it's free. Based in Long Island City, Altice USA (NYSE:ATUS) is a telecommunications company offering cable, internet, telephone, and television services across the United States. Altice reported revenues of $2.24 billion, down 2.9% year on year, in line with analysts' expectations. It was a softer quarter as it posted a significant miss of analysts' adjusted operating income and EPS estimates. The stock is up 4.4% since the results and currently trades at $2.83. Read our full analysis of Altice's results here. Operating as Spectrum, Charter (NASDAQ:CHTR) is a leading telecommunications company offering cable television, high-speed internet, and voice services across the United States. Charter reported revenues of $13.93 billion, up 1.6% year on year. This number met analysts' expectations. Overall, it was a satisfactory quarter as it also put up a decent beat of analysts' EPS estimates. The stock is up 14.4% since reporting and currently trades at $385.26. Read our full, actionable report on Charter here, it's free. Formed in 1984 as Bell Atlantic after the breakup of Bell System into seven companies, Verizon (NYSE:VZ) is a telecom giant providing a range of communications and internet services. Verizon reported revenues of $35.68 billion, up 1.6% year on year. This result beat analysts' expectations by 0.9%. More broadly, it was a mixed quarter as it also logged EPS in line with analysts' estimates but a miss of analysts' adjusted operating income estimates. The company added 1,332,000 customers to reach a total of 146.1 million. The stock is up 13% since reporting and currently trades at $44.25. Read our full, actionable report on Verizon here, it's free. Want to invest in winners with rock-solid fundamentals? Check out our Top 6 Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
