WideOpenWest (NYSE:WOW - Get Free Report) will announce its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter. WideOpenWest has set its Q3 2024 guidance at EPS.Investors that wish to listen to the company's conference call can do so using this link.
WideOpenWest (NYSE:WOW - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.01. WideOpenWest had a negative net margin of 26.25% and a negative return on equity of 12.57%. The business had revenue of $158.80 million during the quarter, compared to analyst estimates of $159.14 million. During the same period in the previous year, the business posted ($0.01) earnings per share. WideOpenWest's revenue for the quarter was down 8.0% on a year-over-year basis. On average, analysts expect WideOpenWest to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
WideOpenWest Price Performance
WideOpenWest stock traded down $0.15 during mid-day trading on Monday, hitting $5.17. 271,191 shares of the company traded hands, compared to its average volume of 588,499. WideOpenWest has a one year low of $2.31 and a one year high of $7.88. The stock has a market cap of $437.85 million, a price-to-earnings ratio of -2.49 and a beta of 1.49. The stock has a fifty day moving average price of $5.30 and a 200-day moving average price of $4.99. The company has a debt-to-equity ratio of 4.04, a quick ratio of 0.62 and a current ratio of 0.62.
Insider Buying and Selling at WideOpenWest
In other WideOpenWest news, insider Don Schena sold 10,000 shares of the stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $5.29, for a total transaction of $52,900.00. Following the completion of the sale, the insider now owns 276,413 shares of the company's stock, valued at $1,462,224.77. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other WideOpenWest news, CEO Teresa L. Elder sold 20,000 shares of the company's stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $5.29, for a total value of $105,800.00. Following the completion of the transaction, the chief executive officer now directly owns 1,575,787 shares in the company, valued at approximately $8,335,913.23. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Don Schena sold 10,000 shares of the company's stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $5.29, for a total transaction of $52,900.00. Following the completion of the transaction, the insider now owns 276,413 shares of the company's stock, valued at $1,462,224.77. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.00% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Benchmark cut their price objective on shares of WideOpenWest from $8.00 to $7.50 and set a "buy" rating for the company in a research note on Monday, August 26th. Raymond James reaffirmed an "underperform" rating on shares of WideOpenWest in a research note on Tuesday, July 2nd.
View Our Latest Stock Report on WideOpenWest
WideOpenWest Company Profile
(
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WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs.
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