Rogers Communications (TSE:RCI) Expected to Post Q3 2024 Earnings of $1.31 Per Share

Rogers Communications (TSE:RCIFree Report) – Investment analysts at National Bank Financial issued their Q3 2024 earnings per share (EPS) estimates for shares of Rogers Communications in a report issued on Monday, September 30th. National Bank Financial analyst A. Shine expects that the company will post earnings of $1.31 per share for the quarter. National Bank Financial also issued estimates for Rogers Communications’ FY2025 earnings at $4.82 EPS.

Rogers Communications (TSE:RCIGet Free Report) last released its earnings results on Wednesday, July 24th. The company reported C$1.16 earnings per share for the quarter, beating the consensus estimate of C$1.12 by C$0.04. The business had revenue of C$5.09 billion for the quarter, compared to the consensus estimate of C$5.11 billion.

Separately, Canaccord Genuity Group cut shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 25th.

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Rogers Communications Price Performance

Rogers Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Monday, September 9th will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, September 9th. This represents a $2.00 dividend on an annualized basis and a yield of ∞.

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Earnings History and Estimates for Rogers Communications (TSE:RCI)

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