FY2025 Earnings Forecast for TSE:RCI Issued By Desjardins

Rogers Communications (TSE:RCI) – Equities research analysts at Desjardins decreased their FY2025 earnings per share estimates for shares of Rogers Communications in a note issued to investors on Wednesday, October 16th. Desjardins analyst J. Dubreuil now expects that the company will earn $5.15 per share for the year, down from their prior estimate of $5.17.

Rogers Communications (TSE:RCI) last posted its quarterly earnings results on Wednesday, July 24th. The company reported C$1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.12 by C$0.04. The company had revenue of C$5.09 billion for the quarter, compared to analyst estimates of C$5.11 billion.

Separately, Canaccord Genuity Group cut shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 25th.

Rogers Communications Price Performance

Rogers Communications Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Monday, September 9th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of ∞. The ex-dividend date was Monday, September 9th.