Rogers Communication Reports Strong Q4 Earnings, Surpassing Wall Street Expectations
Rogers Communication Inc. (RCI) announced its fourth-quarter financial results on Thursday, reporting a surge in net income and surpassing analysts' estimates.
Key Highlights:
* Net income rose to $398.8 million, translating to 73 cents per share.
* Adjusted earnings reached $1.04 per share, exceeding the consensus forecast of 95 cents per share.
* Revenue climbed to $3.92 billion, surpassing expectations of $3.76 billion.
* For the full year, Rogers Communication generated profit of $1.27 billion, with earnings per share of $2.34. Revenue totaled $15.04 billion.
These robust results indicate continued growth and resilience within Rogers Communication's business. The company's strong financial performance positions it well for further success in the future.