Scotiabank Issues Pessimistic Forecast for TSE:RCI Earnings

Rogers Communications (TSE:RCIFree Report) – Stock analysts at Scotiabank cut their FY2026 EPS estimates for shares of Rogers Communications in a research note issued to investors on Thursday, July 23rd. Scotiabank analyst M. Yaghi now forecasts that the company will post earnings per share of $4.65 for the year, down from their prior forecast of $4.92. Scotiabank currently has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Rogers Communications’ FY2027 earnings at $4.85 EPS.

Separately, TD Securities upgraded Rogers Communications from a “hold” rating to a “buy” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Rogers Communications has a consensus rating of “Buy”.

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