Will Rogers Communication (RCI) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Rogers Communication has consistently beaten earnings estimates, particularly in the last two quarters, with an average surprise of 5.05% [1] Earnings Performance - In the most recent quarter, Rogers Communication reported earnings of $0.99 per share, exceeding the expected $0.92 per share, resulting in a surprise of 7.61% [2] - For the previous quarter, the company reported $0.82 per share against an expectation of $0.80 per share, leading to a surprise of 2.50% [2] Earnings Estimates - Recent estimates for Rogers Communication have been trending upward, with a positive Earnings ESP of +5.98%, indicating bullish sentiment among analysts regarding the company's earnings prospects [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may be more accurate than earlier predictions [7] - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [9] Importance of Earnings ESP - Companies that beat consensus EPS estimates may not always see their stock prices rise, while some may maintain their value even with a miss, highlighting the importance of checking the Earnings ESP before quarterly releases [10]