WideOpenWest Inc reports results for the quarter ended in June - Earnings Summary

WideOpenWest

08/08/2024 22:04

* WideOpenWest Inc  WOW.N  reported a quarterly adjusted
loss
of 13 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 32 cents.  The mean expectation of four analysts for the
quarter was for a loss of 14 cents per share. Wall Street
expected results to range from -19 cents to -8 cents per share.
    * Revenue fell 8% to $158.80 million from a year ago;
analysts
expected $159.15 million. 
    * WideOpenWest Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $10.8 million.
    * WideOpenWest Inc shares had fallen by 3.9% this
quarter and
gained 28.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the broadcasting
peer
group is also "hold"

Wall Street's median 12-month price target for WideOpenWest Inc
is $6.00 
This summary was machine generated from LSEG data August 8 at
09:04 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.14          -0.13          Beat
 Mar. 31 2024      -0.10          -0.18          Missed
 Dec. 31 2023      -0.01          -0.54          Missed
 Sep. 30 2023      0.01           -1.29          Missed