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Stock impact report

Q4 Earnings Highs And Lows: WideOpenWest (NYSE:WOW) Vs The Rest Of The Cable and Satellite Stocks [Yahoo! Finance]

WideOpenWest, Inc. (WOW) 
Last wideopenwest, inc. earnings: 3/4 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The massive physical footprints of fiber in the ground or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have ‘cut the cord' to their traditional cable subscriptions in favor of streaming options. While that is a headwind, this affinity to streaming means more households need high-speed internet, and companies that successfully serve customers can enjoy high retention rates and pricing power since the options for internet connectivity in any geography is usually limited. The 5 cable and satellite stocks we track reported a weak Q4; on average, revenues were in line with analyst consensus estimates. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, and cable and satellite stocks have had a rough stretch, with share prices down 19.7% on average Show less Read more
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