01.02.2024 13:52:19 - dpa-AFX: Rogers Communications Inc. Q4 Profit Decreases, but beats estimates

OTTAWA (dpa-AFX) - Rogers Communications Inc. (RCI.TO) reported earnings for
fourth quarter that decreased from the same period last year but beat the
Street estimates.

The company's bottom line came in at C$328 million, or C$0.62 per share. This
compares with C$508 million, or C$1.01 per share, in last year's fourth quarter.

Excluding items, Rogers Communications Inc. reported adjusted earnings of C$630
million or C$1.19 per share for the period.

Analysts on average had expected the company to earn C$1.1 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 28.1% to C$5.335 billion from C$4.166
billion last year.

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

-Earnings (Q4): C$328 Mln. vs. C$508 Mln. last year.
-EPS (Q4): C$0.62 vs. C$1.01 last year.
-Analyst Estimates: C$1.1
-Revenue (Q4): C$5.335 Bln vs. C$4.166 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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