Rogers Communications to Post Q1 2024 Earnings of $1.00 Per Share, National Bank Financial Forecasts (TSE:RCI)

Rogers Communications (TSE:RCI) – Stock analysts at National Bank Financial issued their Q1 2024 earnings per share (EPS) estimates for shares of Rogers Communications in a note issued to investors on Tuesday, April 9th. National Bank Financial analyst A. Shine anticipates that the company will post earnings of $1.00 per share for the quarter. National Bank Financial also issued estimates for Rogers Communications’ FY2025 earnings at $4.83 EPS.

Rogers Communications (TSE:RCI) last posted its quarterly earnings results on Thursday, February 1st. The company reported C$1.19 earnings per share for the quarter, topping the consensus estimate of C$1.03 by C$0.16. The business had revenue of C$5.34 billion during the quarter, compared to the consensus estimate of C$5.36 billion.

Rogers Communications Price Performance

Insiders Place Their Bets

In other news, Director Edward Rogers bought 400 shares of the stock in a transaction dated Wednesday, February 7th. The stock was purchased at an average cost of C$63.92 per share, for a total transaction of C$25,569.96. Following the transaction, the director now owns 400 shares of the company’s stock, valued at C$25,569.96.

Rogers Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Monday, March 11th were paid a $0.50 dividend. The ex-dividend date was Friday, March 8th. This represents a $2.00 annualized dividend and a yield of ∞.