There will be no other types of telephone or webcast access.About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc)With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com.Forward-Looking StatementsThis press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual ...

With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com. Media & Investor ContactsGary Fishman and Steven Anreder at 212-532-3232 or [email protected] and [email protected]SOURCE RCI Hospitality Holdings, Inc. ...

Zacks Premium Services - Zacks Premium offers daily updates of Zacks Rank and Zacks Industry Rank, full access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to help investors make informed decisions [1] - The service includes access to Zacks Style Scores, which complement the Zacks Rank to identify stocks with high potential to outperform the market [2][3] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, assigning grades from A to F, with A being the best [4] - The scores are divided into four categories: Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three styles [5][6][7][8] Zacks Rank and Style Scores Integration - Zacks Rank uses earnings estimate revisions to rate stocks, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988 [9][10] - Combining Zacks Rank 1 or 2 with Style Scores of A or B increases the probability of success, while 3 (Hold) stocks should also have A or B scores for upside potential [12][14] Rogers Communications Inc (RCI) - Rogers Communications Inc provides cable television, high-speed Internet, wireless services, and media operations through its subsidiaries [15] - RCI holds a Zacks Rank of 3 (Hold) with a VGM Score of A and a Growth Style Score of B, forecasting 5.6% year-over-year earnings growth for the current fiscal year [16][17] - Three analysts revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing to $3.56 per share and an average earnings surprise of 3.9% [16]

Performance and Market Position - Roger Communications (RCI) shares have dropped 23.4% year to date (YTD), underperforming the Zacks Consumer Discretionary sector's growth of 10.1% and the Zacks Cable Television industry's increase of 0.4% [1] - RCI's underperformance is attributed to stiff competition from TELUS and BCE in the wireless operations and communication cable markets [2] - RCI's cable revenues reduced 1% year over year to $1.97 billion in Q3 2024 due to a decline in the Home Phone and Satellite subscriber base [2] Technological Advancements and Portfolio Expansion - RCI tested DOCSIS 4.0 with Comcast XER modem to increase download speed to four gigabits and upload speed to one gigabit, integrating AI, cloud functions, and data processing capabilities [3] - RCI enhanced the DOCSIS 3.1 platform to develop network resilience and provide stable connectivity with quicker download and upload speeds [4] - RCI partnered with SpaceX to provide emergency alerts via satellite to mobile phones in disaster-affected areas in Canada [4] - RCI inked a strategic agreement to buyout Bell's 37.5% ownership in Maple Leaf Sports & Entertainment (MLSE), becoming the largest owner with a 75% stake, expected to conclude by mid-2025 [5] - RCI partnered with Disney to bring Disney+ to Ignite TV users free of cost and with Warner Bros. Discovery to launch and distribute Discovery channels [6] Financial Guidance and Earnings Estimates - RCI expects total service revenues to grow between 8% and 10% in 2024, with adjusted EBITDA growth in the range of 12-15% [7] - Capital expenditure is expected between C$3.8 billion and C$4 billion, with free cash flow expected in the range of C$2.9-C$3.1 billion [7] - The Zacks Consensus Estimate for RCI's fiscal 2024 revenues is pegged at $14.78 billion, indicating year-over-year growth of 3.33% [8] - The consensus mark for earnings is pegged at $3.55 per share, implying year-over-year growth of 5.34% [8] - The Zacks Consensus Estimate for Q4 fiscal 2024 earnings is pegged at $1.05 per share, indicating year-over-year growth of 20.69% [8] - The consensus mark for Q4 fiscal 2024 revenues is pegged at $3.87 billion, indicating a year-over-year decline of 1.22% [9] - RCI's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, delivering an average surprise of 3.87% [9] Valuation and Market Outlook - RCI shares are currently undervalued, with a Value Score of A and a forward 12-month Price/Earnings (P/E) ratio of 9.23X, lower than the Zacks Consumer Discretionary sector's 19.34X [10] - RCI has a Zacks Rank 3 (Hold), suggesting investors may want to wait for a more favorable entry point [10]

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc) With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars-restaurants. See all of our brands at www.rcihospitality.com.  Forward-Looking StatementsThis press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated, incl ...

Stock Performance and Technical Analysis - Rogers Communication (RCI) stock has declined by 7.7% over the past four weeks due to excessive selling pressure [1] - RCI is currently in oversold territory with an RSI reading of 28.13, indicating potential for a trend reversal [3] - The Relative Strength Index (RSI) is a momentum oscillator that measures price movement speed and change, with readings below 30 indicating oversold conditions [2] - Oversold stocks often present entry opportunities for investors anticipating a rebound [2] Fundamental Analysis and Earnings Outlook - Wall Street analysts expect RCI to report better earnings than previously predicted [1] - Sell-side analysts covering RCI have raised earnings estimates, leading to a 4.6% increase in consensus EPS estimate over the last 30 days [3] - An upward trend in earnings estimate revisions typically translates into near-term price appreciation [3] Investment Ranking and Potential - RCI currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks [3] - The Zacks Rank is based on trends in earnings estimate revisions and EPS surprises, indicating strong potential for a near-term turnaround [3]

Rogers Communications, Inc. (NYSE:RCI) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Paul Carpino - VP, IR Tony Staffieri - President & CEO Glenn Brandt - CFO Conference Call Participants Batya Levi - UBS Vince Valentini - TD Cowen Maher Yaghi - Scotiabank Drew McReynolds - RBC Sebastiano Petti - J.P. Morgan David Barden - Bank of America Jerome Dubreuil - Desjardins Simon Flannery - Morgan Stanley Aravinda Galappatthige - Canaccord Genuity Operator This is the conference ...

1 Q3 2024 Results October 24, 2024 Cautionary note 2 The following materials are for presentation purposes only. They accompany the discussions held during Rogers Communications Inc.'s (Rogers) investor conference call on October 24, 2024. Certain statements made in this presentation, including, but not limited to, statements relating to expected future events, financial and operating results, guidance, objectives, plans, strategic priorities and other statements that are not historical facts, are forward-l ...

Investors might want to bet on Rogers Communication (RCI) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Indi ...

Rogers Communication (RCI) reported $3.76 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 1%. EPS of $1.04 for the same period compares to $0.95 a year ago.The reported revenue represents a surprise of -1.39% over the Zacks Consensus Estimate of $3.81 billion. With the consensus EPS estimate being $1.07, the EPS surprise was -2.80%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...