Rogers Corp. (ROG) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $1.24 per share a year ago.
Canada's Rogers Communications on Thursday missed market expectations for third-quarter wireless subscriber additions, hit by cautious spending on its mobile plans and stiff competition in the telecom space.
Tom Rogers, Oorbit Media & Entertainment executive chairman, Newsweek editor-at-large, and Fmr. NBC Cable President, joins 'Fast Money' to talk Netflix earnings.
RCI is expanding its Media portfolio with the launch of Warner Bros. Discovery's Content.
I maintain a strong buy rating on Rogers Communications with a price target of $52.00, reflecting a 29% upside from today's pricing. Strong Q1 earnings, early synergy savings, and disciplined pricing support Rogers' undervaluation and robust dividend payout. Rogers' 5G Home Internet and cost reductions enhance growth potential, with additional margin opportunities from ongoing efficiencies and reduced capital expenses.
Rogers Corporation is strategically expanding ceramic power substrate production and investing in sustainable materials to capitalize on the electric vehicle and renewable energy sectors. Despite challenges like lower gross margins and geopolitical risks, Rogers' initiatives in China and renewable energy position it for long-term growth. Financial trends show declining revenues but improved gross margins due to cost reductions, with a projected 1.8% revenue growth and -9.5% earnings decline next year.
Rogers has purchased Bell's stake in Maple Leaf Sports & Entertainment for $4.7 billion, making it the company's majority owner. Rogers and Bell jointly purchased a 75% stake in MLSE, which owns the Toronto Maple Leafs and the Toronto Raptors, in August 2012.
Rogers Corporation (NYSE:ROG ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Steve Haymore - Director, Investor Relations Colin Gouveia - President and CEO Ram Mayampurath - Senior Vice President and CFO Conference Call Participants Daniel Moore - CJS Securities Craig Ellis - B. Riley Securities Operator Good afternoon.
Rogers Corp. (ROG) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $1.07 per share a year ago.
Here is a sneak peek into how electronics stocks, including Rogers (ROG), Carrier Global (CARR) and Data IO (DAIO) are poised ahead of their second-quarter 2024 results.
Rogers Communications has entered into multi-year deals with Comcast-owned NBCUniversal and Warner Bros Discover to bring sports and entertainment content to Canada, the telecom giant said on Monday.