Rogers Communications Inc. (RCI.B:CA) Q3 2026 Earnings Call Transcript
Rogers Communications Inc. remains a Buy, trading at a steep valuation discount despite robust free cash flow and undervalued sports assets. RCI's Q3 2026 free cash flow surged 65% YoY, largely due to asset sales and deferred capex, but long-term capital intensity may rise again. Competitive pressures and regulatory changes are weighing on wireless and cable subscriber growth and ARPU, though operational efficiencies are supporting margins.
Rogers Communication NYSE: RCI reported third-quarter 2026 service revenue and adjusted EBITDA growth of 1% each as the Canadian telecom company emphasized cost discipline, lower capital spending and the value of its sports and media assets amid slower wireless market activity.
Rogers Communications reported a decline in third-quarter profit, due to a large prior-year accounting gain, but adjusted profit topped expectations on higher revenue.
Rogers NYSE: ROG outlined a plan to grow annual sales to more than $1.5 billion by 2030, supported by expansion in its core markets and targeted opportunities in AI data centers, battery systems and electromagnetic interference, or EMI, shielding.
Rogers Corp. (ROG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Rogers Communication NYSE: RCI CFO Glenn Brandt said the Canadian wireless market showed signs of greater pricing discipline during the second and third quarters after heavy discounting earlier in the year contributed to higher churn across the sector.
After losing some value lately, a hammer chart pattern has been formed for Rogers Corp. (ROG), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
The mean of analysts' price targets for Rogers Corp. (ROG) points to a 25.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Rogers Sugar TSE: RSI reported third-quarter fiscal 2026 adjusted net earnings of C$16 million, or C$0.13 per share, compared with C$17 million, or C$0.13 per share, a year earlier, as strength in its sugar business helped offset softer maple syrup demand.
Rogers Corp. (ROG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Rogers NYSE: ROG reported second-quarter 2026 sales growth and substantially higher profitability, while outlining a third-quarter outlook that calls for revenue growth across each of its major end markets.