NYSE$CABO

Cable One Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported financial and operating results for the quarter and year ended December 31, 2019.

Cable One's total revenues were $318.8 million in Q4 2019, an 18.1% increase year-over-year. Net income increased by 27.6% to $53.6 million. Residential data and business services revenues saw significant growth, contributing to the overall positive performance.

  • Total revenues increased by 18.1% to $318.8 million compared to Q4 2018.
  • Residential data revenues grew by 18.9% year-over-year.
  • Business services revenues increased by 41.6% year-over-year.
  • Net income rose by 27.6% to $53.6 million compared to the same quarter last year.

Headline financials

Total Revenue

$319M

Previous: $270M+18.1%
EPS (adj)

$9.32

Previous: $7.34+27.0%
Passings

2.4M

Previous: 2.3M+4.3%
Residential Data ARPU

$56.34

No prior period
Residential Video ARPU

$33.28

No prior period
Business Services ARPU

$223.95

No prior period
Capital Expenditures

$86M

Previous: $58.6M+46.8%
Free Cash Flow

$70.5M

Previous: $41.6M+69.7%
Net Income

$53.6M

Previous: $42M+27.6%
Operating Income

$66.4M

Previous: $69.3M-4.1%
Gross Profit

$215M

Previous: $178M+20.9%
Cash & Equivalents

$125M

Previous: $264M-52.6%
Total Assets

$3.15B

Previous: $2.3B+36.8%
Stock-Based Comp

$3.14M

Previous: $3.22M-2.6%

Revenue & EPS history

Cable One · Revenue · Quarterly

$319M

Q4 2019+18.1%vs Q4 2018
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Cable One · $262M total across 4 segments · Q4 2019

  • Residential Data
    $150M+18.5%
  • Residential Video
    $80.1M-1.6%
  • Other
    $20.4M+106.1%
  • Residential Voice
    $11M-5.2%

Forward guidance

No specific forward guidance was provided in the release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.8%

Avg return

Earnings day

-2.2%

Avg return

5 days after

-2.3%

Avg return

30 days after

56%

27 / 48 earnings

Positive

+8.3%

Q3 2023

Best reaction

-42.5%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.6%-29.7%-41.5%
Q4 2025+6.0%+27.0%+4.7%
Q3 2025-1.8%-14.4%-4.6%
Q1 2025-42.5%-33.4%-44.1%
Q3 2024-3.6%-3.6%+1.0%
Q2 2024-4.6%-3.6%-14.7%
Q1 2024-4.6%-0.9%-2.7%
Q4 2023-7.3%-6.3%-9.1%
Q3 2023+8.3%+10.1%-1.3%
Q2 2023-8.4%-6.5%-14.0%
Q1 2023-3.6%-5.6%-13.7%
Q4 2022-5.8%-5.8%-8.4%
Q3 2022-16.0%-19.9%-9.6%
Q2 2022-4.2%-7.9%-21.3%
Q1 2022-1.1%-3.3%+13.1%
Q4 2021+3.1%+2.2%+7.9%
Q3 2021+1.2%+3.1%+3.9%
Q2 2021+1.3%+3.6%+2.4%
Q1 2021+3.4%+2.4%+4.5%
Q4 2020-4.8%-9.5%-10.4%
Q3 2020+1.9%-0.8%+11.0%
Q2 2020+4.1%+1.6%+0.4%
Q1 2020+2.6%-0.5%-2.3%
Q4 2019-1.7%+0.7%-8.3%
Q3 2019+6.1%+11.1%+14.0%
Q2 2019+3.4%+3.1%+7.7%
Q1 2019-0.1%+1.4%+8.4%
Q4 2018-1.1%-0.9%+2.2%
Q3 2018-2.9%-2.6%-3.2%
Q2 2018+3.3%+3.9%+13.5%
Q1 2018+8.0%+10.7%+10.1%
Q4 2017+0.1%+1.7%+0.9%
Q3 2017+0.2%-3.1%-2.2%
Q2 2017-1.8%-3.3%-2.8%
Q1 2017+0.5%-1.6%+8.7%
Q4 2016-1.6%-3.8%-2.9%
Q3 2016-0.4%+0.1%+5.7%
Q2 2016+1.9%+1.7%+9.1%
Q1 2015+5.2%
Q1 2016+3.8%
Q4 2013+0.8%
Q1 2014+0.8%
Q4 2015+5.1%
Q3 2014+0.2%
Q3 2015-0.6%
Q4 2014+3.6%
Q2 2014+3.6%
Q2 2015+0.1%

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