Rogers (NYSE:ROG) Issues Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Rogers (NYSE:ROG) issued its quarterly earnings data on Tuesday. The electronics maker reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.07), FiscalAI reports. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.The firm had revenue of $216.80 million during the quarter, compared to the consensus estimate of $215.00 million. Rogers updated its Q3 2026 guidance to 1.100-1.300 EPS.

Here are the key takeaways from Rogers’ conference call:

• Q2 results improved significantly: Sales rose 6.9% year over year to $216.8 million, while adjusted EBITDA increased 55% to $37.6 million and margin expanded 550 basis points to 17.3%. Adjusted EPS was $0.92, up 171% year over year.
• Management issued a strong Q3 outlook, forecasting revenue of $233 million to $243 million, or 10% growth at the midpoint, with adjusted EBITDA margin near 19.7% and adjusted EPS of $1.10 to $1.30. Growth is expected across all major end markets, led by aerospace and defense and general industrial.
• Commercial momentum remains broad-based: Industrial and electronics and communications delivered strong growth, smartphone sales benefited from higher-end product mix and share gains, and new automotive and EV design wins are expected to support stronger second-half sales.
• AI and data-center opportunities are advancing: Rogers is progressing customer testing of its microchannel cooling technology and sampling high-frequency circuit materials with multiple prospective customers, with initial feedback described as positive. Management plans to provide more detail at its September 30 investor day.
• Cost and supply-chain headwinds persist. Raw-material shortages, longer freight transit times, higher commodity costs, and underutilization during the China ceramic-factory ramp weighed on Q2 EPS and are expected to pressure Q3 gross margin; the company also experienced a temporary plant fire, which management said has been resolved.

Rogers Price Performance

NYSE ROG opened at $127.97 on Wednesday. The company’s 50 day simple moving average is $144.58 and its two-hundred day simple moving average is $123.10. Rogers has a 1 year low of $61.17 and a 1 year high of $169.00. The stock has a market capitalization of $2.28 billion, a PE ratio of -40.72 and a beta of 0.48.

Insider Buying and Selling at Rogers

In related news, SVP Brian Keith Larabee sold 830 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the completion of the transaction, the senior vice president directly owned 5,515 shares in the company, valued at $749,543.65. The trade was a 13.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.08% of the company’s stock.

Hedge Funds Weigh In On Rogers

A number of hedge funds and other institutional investors have recently bought and sold shares of ROG. Tidal Investments LLC lifted its holdings in shares of Rogers by 27.3% during the 2nd quarter. Tidal Investments LLC now owns 7,460 shares of the electronics maker’s stock worth $511,000 after acquiring an additional 1,602 shares during the last quarter. State of Tennessee Department of Treasury increased its stake in Rogers by 13.1% in the second quarter. State of Tennessee Department of Treasury now owns 6,441 shares of the electronics maker’s stock valued at $441,000 after acquiring an additional 745 shares during the last quarter. Royal Bank of Canada raised its position in Rogers by 15.7% during the first quarter. Royal Bank of Canada now owns 4,276 shares of the electronics maker’s stock valued at $288,000 after purchasing an additional 580 shares in the last quarter. Ieq Capital LLC bought a new stake in Rogers during the fourth quarter worth about $280,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in Rogers during the fourth quarter worth about $264,000. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Key Rogers News

Here are the key news stories impacting Rogers this week:

• Positive Sentiment: Second-quarter revenue increased nearly 7% year over year to $216.8 million, slightly exceeding the $215 million analyst estimate. Management cited improving customer demand and progress on commercial initiatives. Rogers Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Rogers highlighted a significant year-over-year improvement in adjusted earnings and a 550-basis-point expansion in EBITDA margin, suggesting better operating efficiency. Rogers Delivers Strong Q2 Turnaround in Profitability
• Positive Sentiment: Third-quarter 2026 EPS guidance of $1.10 to $1.30 is a constructive signal and indicates management expects earnings momentum to continue. Rogers Earnings Conference Call
• Neutral Sentiment: Management’s earnings call emphasized recovering demand and commercial initiatives, but investors will likely look for evidence that these improvements translate into sustained profitability and cash generation. Rogers Corporation Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter EPS was $0.92, below the $0.99 consensus estimate. The earnings miss appears to be the primary reason the stock moved lower, even though revenue topped expectations. Rogers Corp. Q2 Earnings Miss Estimates
• Negative Sentiment: Profitability remains a concern: reported net margin was negative, while operating profit and cash from operations were pressured. Unverified third-party data also shows that several insiders sold shares without reported purchases over the past six months, adding a potential sentiment headwind. Rogers Corporation Q2 Financial and Trading Data

Analyst Ratings Changes

Several brokerages have recently issued reports on ROG. Zacks Research lowered Rogers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Weiss Ratings raised shares of Rogers from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Finally, B. Riley Financial increased their target price on shares of Rogers to $200.00 and gave the company a “buy” rating in a research report on Monday, June 15th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $200.00.

About Rogers

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.