It's been a steady grind lower over the past two years for shares of RCI Hospitality Holdings, Inc. (NASDAQ: RICK ), currently down about 38% from its 52-week high. The adult nightclub and sports bar operator has struggled toAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ...

Earnings Performance - Rogers Communication reported quarterly earnings of $1 04 per share missing the Zacks Consensus Estimate of $1 07 per share [1] - The earnings surprise was -2 80% compared to the expected $1 07 per share [1] - In the previous quarter the company posted earnings of $0 85 per share surpassing the estimate of $0 83 per share with a surprise of 2 41% [1] - Over the last four quarters the company has surpassed consensus EPS estimates three times [1] Revenue Performance - The company posted revenues of $3 76 billion for the quarter ended September 2024 missing the Zacks Consensus Estimate by 1 39% [1] - This compares to year-ago revenues of $3 8 billion [1] - The company has not been able to beat consensus revenue estimates over the last four quarters [1] Stock Performance - Rogers Communication shares have lost about 16 2% since the beginning of the year versus the S&P 500's gain of 21 5% [2] Earnings Outlook - The company's earnings outlook is crucial for understanding future stock performance [3] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [3] - The estimate revisions trend for Rogers Communication is favorable translating into a Zacks Rank 2 (Buy) [4] - The current consensus EPS estimate is $0 95 on $3 92 billion in revenues for the coming quarter and $3 73 on $15 07 billion in revenues for the current fiscal year [4] Industry Impact - The Cable Television industry is currently in the top 19% of the 250 plus Zacks industries [5] - The top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [5] - Another company in the same industry Cable One is expected to post quarterly earnings of $9 93 per share representing a year-over-year change of -7 9% [5] - Cable One's revenues are expected to be $390 78 million down 7% from the year-ago quarter [5]

MANAGEMENT'S DISCUSSION AND ANALYSIS Exhibit 99.1 This Management's Discussion and Analysis (MD&A) contains important information about our business and our performance for the three and nine months ended September 30, 2024, as well as forward-looking information (see "About Forward-Looking Information") about future periods. This MD&A should be read in conjunction with our Third Quarter 2024 Interim Condensed Consolidated Financial Statements (Third Quarter 2024 Interim Financial Statements) and notes ther ...

In its upcoming report, Rogers Communication (RCI) is predicted by Wall Street analysts to post quarterly earnings of $1.01 per share, reflecting an increase of 6.3% compared to the same period last year. Revenues are forecasted to be $3.81 billion, representing a year-over-year increase of 0.4%.The consensus EPS estimate for the quarter has undergone a downward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed thei ...

Rogers Communication (RCI) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 24, 2024, might help the stock move higher if these key numbers are b ...

Eric Langan, President & CEO of RCI, commented: "We're pleased to report that for the second quarter in a row nightclub same-store sales increased year over year. We reopened another club location by the end of 4Q24 and expect to open six more club and restaurant locations in fiscal 2025, including Baby Dolls Fort Worth, which burned down in early July." Mr. Langan added: "During 4Q24, we continued to take aggressive action to improve Bombshells' business, including selling the San Antonio location back to ...

Rogers Communications (RCI) , on Wednesday, announced that it plans to buy out Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment ("MLSE"), one of the leading sports and entertainment organizations in Canada. RCI's current deal with Bell is expected to close by mid-2025, making it the largest owner of MLSE with a 75% holding. Rogers will consider expanding its MLSE ownership further in the future. Its Bell stake buyout is valued at C$4.7 billion. The Bell stake buyout in MLSE is a major strat ...

RCI CEO Eric Langan will meet with investors in one-on-one meetings as well as review the company's Back to Basics focus on its adult nightclubs business and capital allocation strategy. RCI is scheduled to present Wednesday, September 11, 2024, at 12 PM ET. If you are an institutional investor, and would like to attend in person or virtually, visit www.hcwevents.com/annualconference to register. About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc) With more than 60 locations, RCI Hospitality ...

RCI Hospitality Holdings, Inc. (RICK) has rewarded investors with a 16.7% hike in its quarterly cash dividend. The board of directors approved a quarterly dividend payout of 7 cents per share (28 cents per share annually), up from the previous dividend payout of 6 cents per share (24 cents per share annually). The amount will be paid out on Sep. 30, 2024, to shareholders of record as of Sep. 16. Based on the closing price of $43.92 per share on Sep. 3, the stock has a dividend yield of 0.6%. RCI Hospitality ...

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 Contacts Gary Fishman and Steven Anreder at 212-532-3232 or [email protected] and [email protected] SOURCE RCI Hospitality Holdings, Inc. ...