Rogers Communications Inc reports results for the quarter ended December 31 - Earnings Summary

Rogers Communications

30/01/2025 15:21

* Rogers Communications Inc  RCIb.TO  reported quarterly
adjusted
earnings of C$1.46​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of C$1.19.  The mean expectation of
fourteen analysts for the quarter was for earnings of C$1.36 per
share. Wall Street expected results to range from C$1.23 
to C$1.42 per share.
    * Revenue rose 2.7% to C$5.48 billion from a year ago;
analysts
expected C$5.40 billion. 
    * Rogers Communications Inc's reported EPS for the quarter
was
C$1.02​.
    * The company reported quarterly net income of C$558
million.
    * Rogers Communications Inc shares had fallen by 6.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the wireless
telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Rogers
Communications Inc is C$60.00 
This summary was machine generated from LSEG data January 30 at
03:21 p.m. UTC. ​All figures in Canadian 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
 Dec. 31 2024      1.36           1.46           Beat
 Sep. 30 2024      1.36           1.42           Beat
 Jun. 30 2024      1.16           1.16           Met
 Mar. 31 2024      0.98           0.99           Beat