Rogers Communication, Inc. Common Stock (NYSE: RCI) announces its next round of earnings Friday. Here is Benzinga's
everything-that-matters guide for the Q3 earnings announcement.
Earnings and Revenue
Based on Rogers Communication management projections, analysts predict EPS of 60 cents on revenue of $2.76 billion.
Rogers Communication EPS in the same period a year ago totaled 81 cents. Revenue was $2.87 billion. The analyst consensus
estimate would represent a 25.93 percent decline in the company's EPS figure. Sales would be down 3.66 percent on a year-over-year
basis. Rogers Communication's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter |
Q2 2018 |
Q1 2018 |
Q4 2017 |
Q3 2017 |
| EPS Estimate |
0.84 |
0.6 |
0.66 |
0.81 |
| EPS Actual |
0.81 |
0.71 |
0.71 |
0.81 |
Stock Performance
Over the last 52-week period, shares are down 4 percent. Given that these returns are generally negative, long-term shareholders
are likely unhappy going into this earnings release. Analyst estimates have adjusted lower for EPS and revenues over the past 90
days. The average rating by analysts on Rogers Communication stock is a Neutral. The strength of this rating has maintained
conviction over the past 90 days.
Conference Call
Rogers Communication's Q3 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://investors.rogers.com/company-information/
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