Rogers Communications (RCI - Free Report) reported fourth-quarter adjusted earnings of 76 cents per share that missed the Zacks Consensus Estimate by 2.6%.
Total revenues of $2.99 billion also missed the consensus mark by 1%.
Adjusted earnings decreased 11.5% year over year to C$1 per share. Total revenues increased 0.6% year over year to C$3.95 billion.
Notably, fourth-quarter 2019 results were reported per IFRS 16.
During the quarter, Rogers announced collaboration with Cubic Telecom to provide a connected car solution in Canada and the United States by integrating Cubic Telecom’s Platform for Application and Connectivity Enablement with Rogers’ mobile network.
Rogers Communication, Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Rogers Communications (RCI - Free Report) reported fourth-quarter adjusted earnings of 76 cents per share that missed the Zacks Consensus Estimate by 2.6%.
Total revenues of $2.99 billion also missed the consensus mark by 1%.
Adjusted earnings decreased 11.5% year over year to C$1 per share. Total revenues increased 0.6% year over year to C$3.95 billion.
Notably, fourth-quarter 2019 results were reported per IFRS 16.
During the quarter, Rogers announced collaboration with Cubic Telecom to provide a connected car solution in Canada and the United States by integrating Cubic Telecom’s Platform for Application and Connectivity Enablement with Rogers’ mobile network.
Rogers Communication, Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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