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Principale » Q3 2017 EPS Estimates for Rogers Communication, Inc. (RCI) Decreased by Analyst

Q3 2017 EPS Estimates for Rogers Communication, Inc. (RCI) Decreased by Analyst

19 Octobre 2017

The Wireless communications provider reported $0.74 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.03.

Rogers Communication, Inc. has a 1-year low of $37.03 and a 1-year high of $53.98. Revenue growth was driven primarily by a 7% jump in the wireless service segment, while media revenue, which includes radio and TV as well as the company's sports interests, fell 3% to $516 million, reflecting the boost in 2016 from WORLD CUP OF HOCKEY revenue and declines in publishing due to a move to digital. Goldman Sachs Group Inc. now owns 991,813 shares of the Wireless communications provider's stock valued at $46,823,000 after acquiring an additional 103,489 shares during the last quarter. The company has a 50 day moving average price of $52.29 and a 200 day moving average price of $49.02. Analysts predict that Rogers Communication, Inc. will post $2.74 earnings per share for the current year. Zacks Investment Research cut shares of Rogers Communication from a "buy" rating to a "hold" rating in a research note on Friday, September 22nd. Finally, BidaskClub upgraded shares of Rogers Communication from a "buy" rating to a "strong-buy" rating in a report on Sunday, July 16th. Finally, Institute for Wealth Management LLC. bought a new position in shares of Rogers Communication during the second quarter valued at $271,000. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. Rogers Communication has a consensus rating of "Buy" and a consensus price target of $61.75.

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The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 11th will be issued a dividend of $0.48 per share. If you are reading this article on another publication, it was illegally copied and reposted in violation of United States & worldwide copyright laws. This represents a $1.92 annualized dividend and a yield of 3.57%. The original version of this article can be viewed at https://www.truebluetribune.com/2017/10/19/q3-2017-eps-estimates-for-rogers-communication-inc-rci-decreased-by-analyst.html. Rogers Communication's dividend payout ratio (DPR) is 104.05%.

Rogers Communications Inc is a communications and media company. Our team delivered on all key operating and financial metrics in our largest segment, Wireless.

Q3 2017 EPS Estimates for Rogers Communication, Inc. (RCI) Decreased by Analyst