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Rogers Communication (RCI) Earnings Expected to Grow: Should You Buy?
RCIRogers Communications(RCI) ZACKS·2025-01-23 16:06

Core Viewpoint - Rogers Communication (RCI) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending December 2024, with the actual results being crucial for its near-term stock price movement [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is 0.95pershare,reflectingayearoveryearincreaseof+9.20.95 per share, reflecting a year-over-year increase of +9.2%, while revenues are projected to be 3.76 billion, a decrease of 4% from the previous year [3]. - The consensus EPS estimate has been revised down by 2.37% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Rogers Communication is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.80% [10][11]. - However, the company currently holds a Zacks Rank of 4, complicating the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Rogers Communication was expected to post earnings of 1.07persharebutdelivered1.07 per share but delivered 1.04, resulting in a surprise of -2.80% [12]. - Over the past four quarters, the company has exceeded consensus EPS estimates three times [13]. Market Reaction Factors - An earnings beat or miss alone may not dictate stock price movement, as other factors can influence investor sentiment [14]. - While betting on stocks expected to beat earnings can improve success odds, it is essential to consider other influencing factors before making investment decisions [15][16].