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Rogers Communication (RCI) Soars 5.1%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-03 13:01
Rogers Communication (RCI) shares rallied 5.1% in the last trading session to close at $31.86. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 13.3% gain over the past four weeks.Rogers Communication is benefiting from disciplined execution through cost efficiencies, industry-leading 5G and internet reliability, and growing value in its sports assets, all of which are helping it deliver steady growth and redu ...
Lumen (LUMN) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-01 22:45
Core Viewpoint - Lumen reported a quarterly loss of $0.13 per share, which was better than the Zacks Consensus Estimate of a loss of $0.29, indicating a significant earnings surprise of 55.17% [1] Financial Performance - The company posted revenues of $3.18 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.71%, although this represents a decline from $3.29 billion in the same quarter last year [2] - Over the last four quarters, Lumen has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance - Lumen shares have declined approximately 33.3% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current Zacks Rank for Lumen is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.25 on revenues of $3.08 billion, and for the current fiscal year, it is -$1.11 on revenues of $12.39 billion [7] - The trend of estimate revisions for Lumen is mixed, which could change following the recent earnings report [6] Industry Context - The Diversified Communication Services industry, to which Lumen belongs, is currently ranked in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Telus, another company in the same industry, is expected to report quarterly earnings of $0.15 per share, reflecting a year-over-year decline of 21.1% [9]