Rogers Corp expected to post earnings of $1.00 a share - Earnings Preview

Rogers

20/02/2024 24:25

* Rogers Corp  ROG.N   ROG  is expected to show a fall in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Chandler Arizona-based  company is expected to report
a
1.7% decrease in revenue to $220 million from $223.7 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on October 26 2023, for the
period ended December 31, was for revenue between 215.00 million
and 225.00 million.
    * ​LSEG's mean analyst estimate for Rogers Corp is for
earnings of
$1.00 per share. The company's EPS guidance on October 26 2023,
for the period ended December 31, was between 0.90 and 1.10 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rogers Corp
is
$182.50​, above​ its last closing price of $118.68. ​​​

The company's guidance on October 26 2023 for the period ended
December 31 was for gross profit margin between 34% and 35%.
This summary was machine generated February 20 at 00:25 GMT. 
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)