Rogers Communications to Post Q2 2022 Earnings of $0.94 Per Share, Desjardins Forecasts (TSE:RCI)

Rogers Communications (TSE:RCIGet Rating) – Stock analysts at Desjardins raised their Q2 2022 earnings estimates for Rogers Communications in a report released on Thursday, April 21st. Desjardins analyst J. Dubreuil now forecasts that the company will earn $0.94 per share for the quarter, up from their prior estimate of $0.89. Desjardins has a “Buy” rating on the stock. Desjardins also issued estimates for Rogers Communications’ Q3 2022 earnings at $1.10 EPS.

Rogers Communications (TSE:RCIGet Rating) last announced its quarterly earnings results on Thursday, January 27th. The company reported C$0.96 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.92 by C$0.04. The firm had revenue of C$3.92 billion for the quarter, compared to analysts’ expectations of C$3.89 billion.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 4th. Investors of record on Friday, June 10th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of ∞.

Further Reading

Earnings History and Estimates for Rogers Communications (TSE:RCI)

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