Cable ONE, Inc (CABO)
NYSE:CABO
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
5.94Last Year’s EPS
-77.7Same Quarter Last Year
Moderate Sell
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: operational results showed clear near-term weakness (declining revenues, subscriber losses, EBITDA compression and ARPU pressure driven by competitive markets), but the company also generated substantial free cash flow, reduced operating costs, maintained disciplined capital spending, expanded multi-gig capability, saw early connect and mobile traction, and continued active balance-sheet management with liquidity to support M&A. Management emphasized execution actions underway to stabilize retention and conversion, while noting these improvements will take time to appear in results.Company Guidance
Strong Free Cash Flow Generation
Generated approximately $115M of free cash flow in Q1 2026 and ~$500M over the past four quarters, providing flexibility for debt reduction, M&A and reinvestment.
Connects Improved and Early Mobile Traction
Gross connects improved year-over-year in Q1 (management called this an early indication of traction) and the MSO-wide mobile launch (~2 months live) produced encouraging initial customer response, supporting multiproduct strategy and potential retention upside.
Cost and SG&A Reductions
Operating expenses decreased 6% YoY to $93.9M; SG&A decreased to $87.2M from $95.4M (SG&A 24.7% of revenues vs 25.1% last year), driven by lower labor and reduced billing conversion costs.
Capital Discipline and CapEx Control
CapEx of $68.4M in Q1, down 3.8% YoY; company tracking toward 2025 full-year CapEx levels and invested $5.1M in new market expansion projects.
Network Investment and Multi-Gig Expansion
Approximately 53% of markets are multi-gig capable today, with plans to expand capability to most markets by year-end to address growing customer demand for higher speeds.
Investment Partnerships Driving Growth and Realizations
Unconsolidated investments reported LQA revenue of ~$542M and LQA adjusted EBITDA of ~$262M, up ~17% and ~36% YoY respectively; those businesses added ~22,900 broadband customers (+7.9%) and >80,000 new fiber passings during the year. Several investments (CTI Towers, Ziply, Metronet) were monetized with attractive returns.
Active Balance Sheet Management and Liquidity
Repaid $575M convertible notes (draw on revolver), paid down $90.6M of debt in Q1 (including $86.1M voluntary), opportunistically repurchased senior notes and term loans at discounts; cash of $165.6M, total debt ~$3.1B, $700M undrawn revolver capacity and last-quarter annualized net leverage ~4x.
Non-Operating Gain from Asset Sale
Sold fiber-to-the-tower contract rights for $42M cash in March and recognized a $26.6M gain, with proceeds used to accelerate debt reduction.
Business Services Showing Early Improvement
Business services improved through the back half of the quarter after targeted sales investments and training; management described trends as encouraging under new leadership.
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
CABO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $91.49 | $75.01 | -18.01% |
Feb 26, 2026 | $90.90 | $95.95 | +5.56% |
Nov 06, 2025 | $133.42 | $131.48 | -1.45% |
Jul 31, 2025 | $127.98 | $136.77 | +6.87% |
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.
FAQ
When does Cable ONE, Inc (CABO) report earnings?
Cable ONE, Inc (CABO) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Cable ONE, Inc (CABO) earnings time?
Cable ONE, Inc (CABO) earnings time is at Jul 30, 2026, Before Open (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 2026 (Q2) is 5.94.