WideOpenWest (NYSE:WOW) Releases FY 2021 Earnings Guidance

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WideOpenWest (NYSE:WOW) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of – for the period. The company issued revenue guidance of $1.12 billion-$1.12 billion, compared to the consensus revenue estimate of $1.12 billion.

Several analysts recently weighed in on the company. Zacks Investment Research lowered WideOpenWest from a hold rating to a strong sell rating in a report on Tuesday, March 2nd. KeyCorp increased their target price on shares of WideOpenWest from $13.00 to $20.00 and gave the company an overweight rating in a research note on Wednesday, March 3rd.

Shares of WOW traded up $0.34 during mid-day trading on Tuesday, reaching $14.79. 476,787 shares of the company’s stock traded hands, compared to its average volume of 376,014. The stock’s 50-day moving average is $14.08 and its two-hundred day moving average is $11.05. WideOpenWest has a 12 month low of $4.72 and a 12 month high of $18.20. The stock has a market cap of $1.29 billion, a P/E ratio of 59.16 and a beta of 1.60.

WideOpenWest (NYSE:WOW) last posted its quarterly earnings data on Wednesday, February 24th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.12). The business had revenue of $293.20 million for the quarter, compared to analysts’ expectations of $285.68 million. WideOpenWest had a net margin of 1.78% and a negative return on equity of 11.04%. As a group, equities research analysts forecast that WideOpenWest will post 0.28 EPS for the current year.

WideOpenWest Company Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. Its 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 ultra-video products, as well as offers commercial-free movies, TV shows, sports, and other special event entertainment programs.

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Earnings History and Estimates for WideOpenWest (NYSE:WOW)

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