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

WideOpenWest

07/05/2024 14:32

* WideOpenWest Inc  WOW.N  reported a quarterly adjusted
loss
of 18 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of -46 cents.  The mean expectation of four analysts for the
quarter was for a loss of 10 cents per share. Wall Street
expected results to range from -15 cents to -3 cents per share.
    * Revenue fell 6.2% to $161.50 million from a year ago;
analysts
expected $161.40 million. 
    * WideOpenWest Inc's reported EPS for the quarter was a loss
of 18
cents​.
    * The company reported a quarterly loss of $15 million.
    * WideOpenWest Inc shares had risen by 33.7% this
quarter and
gained 19.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 65.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the broadcasting
peer
group is  "hold."

Wall Street's median 12-month price target for WideOpenWest Inc
is $6.50 
This summary was machine generated from LSEG data May 7 at 01:32
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
 Mar. 31 2024      -0.10          -0.18          Missed
 Dec. 31 2023      -0.01          -0.54          Missed
 Sep. 30 2023      0.01           -1.29          Missed
 Jun. 30 2023      0.03           0.32           Beat