Rogers Corp expected to post earnings of 85 cents a share - Earnings Preview

Rogers

23/10/2024 04:57

* Rogers Corp  ROG.N   ROG  is expected to show a fall in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Chandler Arizona-based  company is expected to report
a
3.9% decrease in revenue to $220.1 million from $229.15 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on July 25 2024, for
the period ended September 30, was for revenue between 215.00
million and 225.00 million.
    * ​LSEG's mean analyst estimate for Rogers Corp is for
earnings of
85 cents per share. The company's EPS guidance on July 25 2024,
for the period ended September 30, was between 0.75 and 0.95 
    * 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
$146.00​, above​ its last closing price of $100.63. ​​​

The company's guidance on July 25 2024 for the period ended
September 30 was for gross profit margin between 34% and 35%.
This summary was machine generated October 23 at 03:57 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)