26.07.2023 13:37:03 - dpa-AFX: Rogers Communications Inc. Q2 Profit Decreases, misses estimates

OTTAWA (dpa-AFX) - Rogers Communications Inc. (RCI.TO) revealed a profit for
second quarter that decreased from the same period last year and missed the
Street estimates.

The company's bottom line came in at C$109 million, or C$0.20 per share. This
compares with C$409 million, or C$0.76 per share, in last year's second quarter.

Excluding items, Rogers Communications Inc. reported adjusted earnings of C$544
million or C$1.02 per share for the period.

Analysts on average had expected the company to earn C$1.14 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 30.5% to C$5.046 billion from C$3.868
billion last year.

Rogers Communications Inc. earnings at a glance (GAAP) :

-Earnings (Q2): C$109 Mln. vs. C$409 Mln. last year.
-EPS (Q2): C$0.20 vs. C$0.76 last year.
-Analyst Estimates: C$1.14
-Revenue (Q2): C$5.046 Bln vs. C$3.868 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ROGERS COMM.B CD 1,62478 867590 Frankfurt 35,200 14.06.24 08:07:50 -0,400 -1,12% 0,000 0,000 35,200 35,600

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