Rogers Communications Inc expected to post earnings of C$1.35 a share - Earnings Preview

Reuters
01-28
Rogers Communications Inc <rcib.to> expected to post earnings of C$1.35 a share - Earnings Preview </rcib.to>
  • Rogers Communications Inc RCIb.TO is expected to show a rise in quarterly revenue when it reports results on January 30 for the period ending December 31 2024

  • The Toronto Ontario-based company is expected to report a 1.1% increase in revenue to C$5.393 billion from C$5.34 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Rogers Communications Inc is for earnings of C$1.35 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Rogers Communications Inc is C$56.25​, above​ its last closing price of $29.07. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.36

1.35

1.42

Beat

5

Jun. 30 2024

1.15

1.16

1.16

Met

0.2

Mar. 31 2024

0.98

0.99

0.99

Met

0.2​

Dec. 31 2023

1.11

1.09

1.19

Beat

9

​​Sep. 30 2023

1.01

1.09

1.27

Beat

16.5

Jun. 30 2023

1.17

1.15

1.02

Missed

-11.2​

Mar. 31 2023

1.01

1.01

1.09

Beat

8

Dec. 31 2022

0.99

0.99

1.09

Beat

9.9

This summary was machine generated January 28 at 13:48 GMT. 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)

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