Rogers Communication (RCI) Tops Q4 Earnings and Revenue Estimates

Core Viewpoint - Rogers Communication reported quarterly earnings of $1.04 per share, exceeding the Zacks Consensus Estimate of $0.95 per share, and showing an increase from $0.87 per share a year ago, indicating a 9.47% earnings surprise [1][2] Financial Performance - The company posted revenues of $3.92 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.08%, with year-ago revenues also at $3.92 billion [2] - Over the last four quarters, Rogers Communication has surpassed consensus EPS estimates three times [2] Stock Performance and Outlook - Rogers Communication shares have declined approximately 6.4% since the beginning of the year, contrasting with the S&P 500's gain of 2.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.83 on revenues of $3.47 billion, and for the current fiscal year, it is $3.62 on revenues of $14.77 billion [7] Industry Context - The Cable Television industry, to which Rogers Communication belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, indicating potential challenges ahead [8] - Another company in the same industry, Cable One, is expected to report a quarterly earnings decline of 7% year-over-year, with revenues projected to decrease by 5.2% [9]