Rogers Communications to Post FY2022 Earnings of $3.57 Per Share, National Bank Financial Forecasts (TSE:RCI)

Rogers Communications (TSE:RCIGet Rating) – Equities research analysts at National Bank Financial dropped their FY2022 earnings per share estimates for Rogers Communications in a research report issued on Sunday, June 19th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of $3.57 per share for the year, down from their prior forecast of $4.06.

Rogers Communications (TSE:RCIGet Rating) last issued its quarterly earnings results on Wednesday, April 20th. The company reported C$0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.80 by C$0.11. The business had revenue of C$3.62 billion during the quarter, compared to analyst estimates of C$3.62 billion.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 4th. Stockholders of record on Friday, June 10th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of ∞.

Further Reading

Earnings History and Estimates for Rogers Communications (TSE:RCI)

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