Rogers Communications (NYSE:RCI – Get Free Report) (TSE:RCI.B) is set to announce its earnings results before the market opens on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
Rogers Communications (NYSE:RCI – Get Free Report) (TSE:RCI.B) last announced its quarterly earnings data on Thursday, February 1st. The Wireless communications provider reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.11. The company had revenue of $3.92 billion for the quarter, compared to the consensus estimate of $3.99 billion. Rogers Communications had a net margin of 4.38% and a return on equity of 22.17%. On average, analysts expect Rogers Communications to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Rogers Communications Trading Up 1.5 %
NYSE RCI opened at $39.10 on Tuesday. The company has a debt-to-equity ratio of 3.81, a current ratio of 0.89 and a quick ratio of 0.84. The firm’s fifty day moving average price is $42.21 and its 200 day moving average price is $43.18. The company has a market capitalization of $20.67 billion, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 1.66 and a beta of 0.59. Rogers Communications has a 12 month low of $36.55 and a 12 month high of $50.00.
Rogers Communications Increases Dividend
Wall Street Analyst Weigh In
Several analysts have recently commented on the stock. StockNews.com cut shares of Rogers Communications from a “hold” rating to a “sell” rating in a research note on Friday, April 5th. Barclays cut their target price on shares of Rogers Communications from $52.00 to $46.00 and set an “overweight” rating for the company in a research report on Wednesday, April 10th. One analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.00.
Get Our Latest Stock Report on RCI
Rogers Communications Company Profile
Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.
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