What is Cormark’s Forecast for TSE:RCI Q4 Earnings?

Rogers Communications (TSE:RCI) – Analysts at Cormark issued their Q4 2024 earnings per share estimates for Rogers Communications in a report released on Tuesday, January 21st. Cormark analyst D. Mcfadgen anticipates that the company will post earnings per share of $1.39 for the quarter.

Rogers Communications (TSE:RCI) last issued its quarterly earnings results on Thursday, October 24th. The company reported C$1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.37 by C$0.05. During the same period last year, the company posted $1.27 EPS.

Separately, Barclays lowered shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a report on Tuesday.

Rogers Communications Price Performance

Insider Activity

In other Rogers Communications news, Director Robert Gemmell purchased 20,000 shares of the company’s stock in a transaction dated Friday, December 27th. The stock was purchased at an average price of C$43.67 per share, with a total value of C$873,396.00. Also, Director David Alan Robinson bought 675 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were bought at an average cost of C$50.88 per share, with a total value of C$34,344.68. Following the completion of the transaction, the director now owns 675 shares in the company, valued at C$34,344.68. The trade was a ∞ increase in their ownership of the stock.