Rogers Communication (NYSE:RCI) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Rogers Communication (NYSE:RCI) (TSE:RCI.B) released its earnings results on Wednesday. The Wireless communications provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.03, Zacks reports. Rogers Communication had a return on equity of 12.11% and a net margin of 32.00%.The company had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter last year, the business posted $1.14 EPS. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year.

Here are the key takeaways from Rogers Communication’s conference call:

• Rogers posted solid Q2 results, with consolidated service revenue up 8%, adjusted EBITDA up 3%, and free cash flow of about CAD 1 billion, up 6% year over year.
• The company continued to drive lower capital intensity, with CapEx down 16% and capital intensity at 12% , the lowest since Q1 2008, and management said this should support stronger free cash flow in the second half and beyond.
• Wireless execution improved despite a tough market, with 40,000 net additions and postpaid churn falling to 0.94%. Management said the company is shifting away from aggressive discounting toward value-based plans and premium service features.
• Rogers Sports & Media delivered standout growth, with revenue up 53% to over CAD 1.2 billion and adjusted EBITDA rising sharply to CAD 69 million. Excluding MLSE, organic sports and media revenue still grew 13%, helped by Blue Jays-related revenue and higher subscriber income.
• Management reaffirmed its plan to acquire the remaining 25% of MLSE in Q4, then sell a minority non-voting stake in the combined sports/media platform, targeting first-half 2027 for monetization. They said proceeds would be used to pay down debt while preserving an investment-grade balance sheet.

Rogers Communication Trading Up 0.7%

Rogers Communication stock traded up $0.22 during midday trading on Thursday, reaching $33.17. The stock had a trading volume of 106,578 shares, compared to its average volume of 1,230,526. The company has a quick ratio of 0.53, a current ratio of 0.55 and a debt-to-equity ratio of 1.43. The company has a fifty day moving average of $35.71 and a 200 day moving average of $36.63. Rogers Communication has a 52-week low of $31.38 and a 52-week high of $41.14. The firm has a market cap of $17.92 billion, a price-to-earnings ratio of 3.51, a price-to-earnings-growth ratio of 4.17 and a beta of 0.64.

Rogers Communication Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $2.00 annualized dividend and a dividend yield of 6.0%. Rogers Communication’s payout ratio is currently 15.30%.

Institutional Trading of Rogers Communication

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Manchester Capital Management LLC acquired a new stake in Rogers Communication in the 4th quarter worth approximately $26,000. Headlands Technologies LLC boosted its position in Rogers Communication by 143.2% during the second quarter. Headlands Technologies LLC now owns 1,661 shares of the Wireless communications provider’s stock worth $49,000 after purchasing an additional 978 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Rogers Communication by 52.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider’s stock valued at $59,000 after purchasing an additional 683 shares during the period. Advisory Services Network LLC purchased a new position in shares of Rogers Communication in the third quarter valued at approximately $63,000. Finally, Danske Bank A S purchased a new stake in Rogers Communication during the 3rd quarter valued at about $64,000. Institutional investors own 45.49% of the company’s stock.

Wall Street Analysts Forecast Growth

RCI has been the subject of a number of research reports. Barclays decreased their price objective on Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating for the company in a report on Thursday, July 16th. Desjardins reissued a “hold” rating on shares of Rogers Communication in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Rogers Communication in a report on Wednesday, June 17th. TD Securities downgraded Rogers Communication from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Rogers Communication in a research report on Tuesday, July 7th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Rogers Communication has a consensus rating of “Hold” and an average price target of $36.00.

Rogers Communication News Summary

Here are the key news stories impacting Rogers Communication this week:

• Positive Sentiment: Rogers reported Q2 2026 EPS of $0.83 and revenue of $3.95 billion, both ahead of Wall Street estimates, while total service revenue rose 8% and free cash flow increased 6%. Rogers Communications Reports Second Quarter 2026 Results
• Positive Sentiment: The company reaffirmed its 2026 outlook, signaling confidence in continued growth in service revenue, EBITDA, capital spending, and free cash flow. Rogers Communications Reports Second Quarter 2026 Results
• Positive Sentiment: Rogers declared a quarterly dividend of C$0.50 per share, implying an annualized yield of about 6.1%, which may appeal to income-focused investors. Rogers Communications Declares 50 Cents per Share Quarterly Dividend
• Neutral Sentiment: Management highlighted strength in wireless and cable operations, lower churn, and progress on sports monetization through the planned purchase of the remaining minority stake in MLSE, which could unlock value later but does not immediately change results. Rogers Communications Reports Second Quarter 2026 Results
• Neutral Sentiment: One offset is that Q2 earnings fell from $1.14 a year ago to $0.83, so the stock’s move is being driven more by the beat versus expectations and cash-flow improvement than by year-over-year EPS growth. Rogers Communication (RCI) Surpasses Q2 Earnings and Revenue Estimates

Rogers Communication Company Profile

Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.

In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.