- Adjusted EPS: C$1.16, beating the estimate of C$1.13
- Revenue: C$5.09 billion, slightly below the estimate of C$5.11 billion
- Wireless Revenue: C$2.47 billion, below the estimate of C$2.52 billion
- Cable Revenue: C$1.96 billion, just under the estimate of C$1.97 billion
- Media Revenue: C$736 million, surpassing the estimate of C$707 million
- Adjusted EBITDA: C$2.33 billion, slightly below the estimate of C$2.35 billion
- Wireless Postpaid Net Change: +112,000, below the estimate of +116,981
- Wireless Postpaid Monthly Churn: 1.07%, higher than the estimate of 1.04%
- Wireless Prepaid Net Subscribers Change: +50,000, significantly higher than the estimate of +15,235
- Wireless Prepaid Monthly Churn: 3.2%, much better than the estimate of 4.95%
- Capital Expenditure: C$999 million, under the estimate of C$1.01 billion
- Monthly Average Revenue per Account: C$139.62, slightly exceeding the estimate of C$139.41
- Mobile Average Revenue per User: C$57.24, slightly below the estimate of C$57.68
- Free Cash Flow: C$666 million, under the estimate of C$692.4 million
- CEO’s Comment: “We continued to deliver industry-leading financial results in the second quarter and attract more Canadians than any other carrier,” said Tony Staffieri, President and CEO.
- Analyst Recommendations: 16 buys, 1 hold, 1 sell
A look at Rogers Communications Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts are looking at a mixed long-term outlook for Rogers Communications, a diversified Canadian communications and media company. With a moderate score for value and dividend, Rogers seems to be holding steady in these areas. However, the growth and resilience scores are a bit lower, indicating potential challenges ahead in these aspects. On the more positive side, the company scores moderately well in momentum, suggesting some traction in the market. Overall, the outlook for Rogers Communications appears stable with room for improvement in certain areas.
Rogers Communications, Inc. is known for its diverse range of communication services in Canada. Their offerings include wireless services, cable television, internet access, and broadcasting. With a focus on delivering telecommunications and media services, Rogers plays a significant role in the Canadian market. Investors are keeping a close eye on the company’s performance across various sectors to gauge its overall standing in the competitive industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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