Rogers Communications (TSE:RCI – Free Report) – Research analysts at Desjardins cut their Q3 2024 earnings estimates for shares of Rogers Communications in a note issued to investors on Wednesday, July 24th. Desjardins analyst J. Dubreuil now expects that the company will post earnings per share of $1.27 for the quarter, down from their prior estimate of $1.28.
Separately, Canaccord Genuity Group downgraded Rogers Communications from a “strong-buy” rating to a “hold” rating in a research report on Thursday.
Rogers Communications Price Performance
Rogers Communications (TSE:RCI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported C$0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.98 by C$0.01. The company had revenue of C$4.90 billion during the quarter, compared to the consensus estimate of C$4.94 billion.
Rogers Communications Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Monday, September 9th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Monday, September 9th.
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