Rogers Corp reports results for the quarter ended in March - Earnings Summary

Rogers

25/04/2024 23:46

* Rogers Corp  ROG.N  reported quarterly adjusted earnings
of 58
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 87
cents.  The mean expectation of two analysts for the quarter was
for earnings of 55 cents per share. 
    * Revenue fell 12.5% to $213.40 million from a year ago;
analysts
expected $210.00 million. 
    * Rogers Corp's reported EPS for the quarter was 42 cents​.
    * The company reported quarterly net income of $7.8 million.
    * Rogers Corp shares had fallen by 8.1% this quarter and
lost 17.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 46.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Rogers Corp
is
$147.50 

This summary was machine generated from LSEG data April 25 at
10:46 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.55           0.58           Beat
 Dec. 31 2023      1.00           0.60           Missed
 Sep. 30 2023      1.14           1.24           Beat
 Jun. 30 2023      1.03           1.07           Beat