Rogers Corp expected to post earnings of 73  cents a share - Earnings Preview

Rogers

26/04/2023 03:03

* Rogers Corp  ROG.N   ROG  is expected to show a fall in
quarterly revenue when it reports  results on April 27. 
    * The Chandler Arizona-based  company is expected to report 
a
5.3% decrease in revenue to $235 million from $248.27 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. The company's guidance on February 28 2023,
for the period ended March 31, was for revenue between 230.00
million and 240.00 million.
    * ​Refinitiv's mean analyst estimate for Rogers Corp is for
earnings of 73 cents per share. The company's EPS guidance on
February 28 2023, for the period ended March 31, was between
0.65 and 0.85 
    * 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 average consensus recommendation for
the semiconductors peer
group is also "Buy".​
    * Wall Street's median 12-month price target for Rogers Corp
is
$207.5​, above​ its last closing price of $157.23. ​​​

The company's guidance on February 28 2023 for the period ended
March 31 was for gross profit margin between 31.5% and 32.5%.
This summary was machine generated April 26 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated