With over 87% of S&P 500 companies already having beaten revenue and profit expectations, we're in for another round of Q2 corporate earnings, along with key jobs and inflation data.
Shares of Cable One (NYSE:CABO) increased in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 56.91% year over year to $16.68, which beat the estimate of $11.31.
Cable One (NYSE:CABO) reported quarterly earnings of $16.68 per share which beat the analyst consensus estimate of $11.31 by 47.48 percent. This is a 56.91 percent increase over earnings of $10.63 per share from the same
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
A couple of chief executive officers and a president were among the insiders buying shares this past week.
A leading telecom that just announced a major deal was among companies that saw notable insider buying.
Companies Reporting Before The Bell
• ViacomCBS (NASDAQ:VIAC) is projected to report quarterly earnings at $1.22 per share on revenue of $7.30 billion.