FY2024 Earnings Estimate for Rogers Communications (TSE:RCI) Issued By National Bank Financial

Rogers Communications (TSE:RCIFree Report) – Equities research analysts at National Bank Financial reduced their FY2024 earnings per share (EPS) estimates for Rogers Communications in a report issued on Tuesday, April 9th. National Bank Financial analyst A. Shine now forecasts that the company will earn $4.57 per share for the year, down from their previous forecast of $4.75.

Rogers Communications (TSE:RCIGet Free Report) last posted its earnings results on Thursday, February 1st. The company reported C$1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.03 by C$0.16. The business had revenue of C$5.34 billion for the quarter, compared to analyst estimates of C$5.36 billion.

Rogers Communications Stock Performance

Rogers Communications Dividend Announcement

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

Insiders Place Their Bets

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

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

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