Rogers Communications (RCI) to Release Quarterly Earnings on Thursday

Rogers Communications (NYSE:RCI) (TSE:RCI.B) is anticipated to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect Rogers Communications to post earnings of $0.97 per share and revenue of $3,873,570.00 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Rogers Communications Stock Performance

Shares of RCI stock opened at $29.01 on Tuesday. Rogers Communications has a 12-month low of $27.63 and a 12-month high of $48.08. The company has a debt-to-equity ratio of 3.35, a current ratio of 0.68 and a quick ratio of 0.64. The firm has a market capitalization of $15.50 billion, a price-to-earnings ratio of 14.15, a price-to-earnings-growth ratio of 1.04 and a beta of 0.69. The business has a 50 day simple moving average of $32.04 and a 200 day simple moving average of $36.41.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RCI. Barclays restated an “equal weight” rating on shares of Rogers Communications in a research note on Tuesday, January 21st. Bank of America downgraded shares of Rogers Communications from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 14th. Finally, Morgan Stanley initiated coverage on shares of Rogers Communications in a report on Monday, December 16th. They issued an “underweight” rating for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Rogers Communications has an average rating of “Hold” and a consensus target price of $61.75.

Rogers Communications Company Profile

Rogers Communications Inc operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device shipping and express pickup services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands.