Specialty materials maker Rogers beats Q3 sales estimates on higher EV demand

Rogers

29/10/2025 20:40

Overview

Rogers Q3 net sales rise 6.5% sequentially, beating analyst expectations

Adjusted EPS for Q3 beats analyst estimates, driven by cost improvement initiatives

Company repurchased $10 mln of shares in Q3

Outlook

Rogers expects Q4 2025 net sales between $190 mln and $205 mln

Company projects Q4 2025 gross margin of 30.0% to 32.0%

Rogers forecasts Q4 2025 EPS of $0.00 to $0.40

Result Drivers

END-MARKET DEMAND - Improved demand in EV/HEV, wireless infrastructure, and industrial sectors drove sales growth

COST IMPROVEMENTS - Higher earnings attributed to cost improvement initiatives and reduced restructuring charges

CURRENCY IMPACT - Favorable currency exchange rates increased net sales by $3.0 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$216 mln
$207.60 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.90
$0.70 (2 Analysts)
Q3 Adjusted EBITDA
$37.20 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Rogers Corp is $80.00, about 7.2% below its October 28 closing price of $85.75

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nBw2gQ8lba

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)