Q2 2022 EPS Estimates for Rogers Communications (TSE:RCI) Boosted by Analyst

Rogers Communications (TSE:RCIGet Rating) – Desjardins raised their Q2 2022 earnings estimates for shares of Rogers Communications in a report issued on Thursday, April 21st. Desjardins analyst J. Dubreuil now anticipates that the company will earn $0.94 per share for the quarter, up from their prior forecast 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 posted its quarterly earnings data on Thursday, January 27th. The company reported C$0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.92 by C$0.04. The company had revenue of C$3.92 billion during the quarter, compared to the consensus estimate of C$3.89 billion.

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

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

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