Shenandoah Telecommunications Co (SHEN)
NASDAQ:SHEN
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.28Last Year’s EPS
-0.19Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong execution on fiber expansion and subscriber growth, solid near-term financial results (revenues +4.8%, adjusted EBITDA +15% with margin expansion), healthy network scale, and early traction on higher-speed upsells — all supporting the company’s trajectory toward positive free cash flow in 2027. Offsetting items include softness in incumbent markets (video declines and modest ARPU pressure), competitive pressure from satellite in select rural areas, ongoing DSL erosion, and continued high absolute CapEx and leverage. Overall, positives around fiber growth, profitability improvement and liquidity stance materially outweigh the site-specific and legacy-business challenges.Company Guidance
Glo Fiber Expansion Progress
Added ~22,000 passings in Q1 bringing total Glo Fiber expansion passings to 449,000 (88% of target completed as of 3/31). Company remains on track to complete expansion to ~510,000 passings by end of 2026.
Subscriber Growth and RGU Momentum
Net adds of ~6,000 Glo Fiber customers in Q1 (up 9% YoY), total Glo Fiber customers ~94,000. Nearly 7,000 total video/voice/data RGUs added in Q1; over past 12 months added >23,000 new data customers and >26,000 total RGUs. Total Glo Fiber RGUs surpassed 110,000, up ~31% YoY.
Solid Financial Results
Consolidated revenues grew 4.8% to $92.2M in Q1; adjusted EBITDA increased 15% (+$4.1M) to $31.7M. Adjusted EBITDA margin expanded ~300 basis points to 34.4%. Company reiterated FY2026 guidance (Revenue $370M–$377M; Adj. EBITDA $131M–$136M).
Commercial Fiber Strength
Incremental monthly sales bookings exceeded 196,000 and commercial fiber revenue grew ~$0.9M (4.7% YoY). Service delivery installed 167,000 in new monthly revenue during Q1. Management expects mid-single-digit revenue growth for the commercial business over multiple years.
Large Network Footprint
Integrated broadband network exceeds 19,000 fiber route miles across 8 states with >700,000 total broadband passings; all planned Glo Fiber markets launched, supporting commercial and data-center opportunities.
Strong Speed Mix and ARPU Stability in Expansion Markets
82% of new residential customers selected 1 Gbps or higher (18% chose 2 Gbps; 5% chose 5 Gbps). Broadband data ARPU in expansion markets remained stable at more than $77 in Q1, supporting upsell success.
Improving Penetration and Low Churn
Overall Glo Fiber penetration rose to 20.9% in Q1 (+30 bps QoQ; +150 bps YoY). Mature cohorts average ~37.5% penetration. Average monthly churn for Glo Fiber was low at 0.92% and commercial churn ~0.4%.
Capital Efficiency Trajectory and Liquidity Position
Q1 CapEx was $75.8M with $11.5M in grant collections (net CapEx $64.3M), a 16% decline YoY. Company reports available liquidity of ~ $195M (cash + restricted + RCF/VFN availability + grant reimbursements) and no debt maturities until 2029, and reiterated path to positive free cash flow in 2027.
SHEN 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
SHEN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2026 | $15.73 | $16.29 | +3.56% |
Feb 26, 2026 | $13.55 | $13.96 | +3.03% |
Oct 29, 2025 | $12.98 | $12.31 | -5.18% |
Jul 31, 2025 | $14.54 | $13.12 | -9.78% |
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 Shenandoah Telecommunications Co (SHEN) report earnings?
Shenandoah Telecommunications Co (SHEN) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Shenandoah Telecommunications Co (SHEN) earnings time?
Shenandoah Telecommunications Co (SHEN) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is SHEN EPS forecast?
SHEN EPS forecast for the fiscal quarter 2026 (Q2) is -0.28.