Rogers Corp expected to post earnings of 55 cents a share - Earnings Preview

Rogers

24/04/2024 24:53

* Rogers Corp  ROG.N   ROG  is expected to show a fall in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Chandler Arizona-based  company is expected to report
a
13.9% decrease in revenue to $210 million from $243.85 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.The company's guidance on February 21 2024, for the
period ended March 31, was for revenue between 205.00 million
and 215.00 million.
    * ​LSEG's mean analyst estimate for Rogers Corp is for
earnings of
55 cents per share. The company's EPS guidance on February 21
2024, for the period ended March 31, was between 0.45 and 0.65 
    * 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
$147.50​, above​ its last closing price of $109.21. ​​​

The company's guidance on February 21 2024 for the period ended
March 31 was for gross profit margin between 32% and 33%.
This summary was machine generated April 23 at 23:53 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)