Rogers Corp expected to post earnings of 60 cents a share - Earnings Preview

Rogers

23/07/2024 21:08

* Rogers Corp  ROG.N   ROG  is expected to show a fall in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Chandler Arizona-based  company is expected to report
a
6.4% decrease in revenue to $216.15 million from $230.82 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on April 25 2024, for
the period ended June 30, was for revenue between 210.00 million
and 220.00 million.
    * ​LSEG's mean analyst estimate for Rogers Corp is for
earnings of
60 cents per share. The company's EPS guidance on April 25 2024,
for the period ended June 30, was between 0.50 and 0.70 
    * 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
$150.00​, above​ its last closing price of $129.16. ​​​

The company's guidance on April 25 2024 for the period ended
June 30 was for gross profit margin between 32.5% and 33.5%.
This summary was machine generated July 23 at 20:08 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)