Rogers Communications Inc. (RCI) EPS Estimated At $0.80

June 15, 2018 - By Christine Reyes

Rogers Communications Inc. (NYSE:RCI) LogoInvestors sentiment increased to 1.14 in Q1 2018. Its up 0.18, from 0.96 in 2017Q4. It is positive, as 20 investors sold Rogers Communications Inc. shares while 72 reduced holdings. 24 funds opened positions while 81 raised stakes. 246.28 million shares or 4.27% more from 236.19 million shares in 2017Q4 were reported.
14,193 are owned by Finemark Natl Bank Tru. Clark Cap Management Incorporated invested in 0.33% or 237,474 shares. Wetherby Asset Management invested 0.03% in Rogers Communications Inc. (NYSE:RCI). 3,260 are owned by Peak6 Lp. Intact Investment Management invested 2.12% in Rogers Communications Inc. (NYSE:RCI). Jones Collombin Counsel has invested 0.03% in Rogers Communications Inc. (NYSE:RCI). Lombard Odier Asset Mngmt (Europe) stated it has 0.02% of its portfolio in Rogers Communications Inc. (NYSE:RCI). M&T Comml Bank accumulated 40,281 shares. Exane Derivatives holds 0% in Rogers Communications Inc. (NYSE:RCI) or 133,500 shares. Envestnet Asset Mngmt owns 7,382 shares for 0% of their portfolio. Gabelli Funds Ltd Liability has 0.47% invested in Rogers Communications Inc. (NYSE:RCI) for 1.75 million shares. Epoch Prns has 13,239 shares. Moreover, Magnetar Finance Llc has 0.03% invested in Rogers Communications Inc. (NYSE:RCI) for 27,700 shares. Baskin Fincl reported 317,852 shares. Fil invested in 0% or 9,081 shares.

Analysts expect Rogers Communications Inc. (NYSE:RCI) to report $0.80 EPS on July, 19.They anticipate $0.06 EPS change or 8.11 % from last quarter’s $0.74 EPS. RCI’s profit would be $410.71 million giving it 14.79 P/E if the $0.80 EPS is correct. After having $0.71 EPS previously, Rogers Communications Inc.’s analysts see 12.68 % EPS growth. The stock decreased 0.19% or $0.09 during the last trading session, reaching $47.34. About 2.22 million shares traded or 460.35% up from the average. Rogers Communications Inc. (NYSE:RCI) has risen 2.36% since June 15, 2017 and is uptrending. It has underperformed by 10.21% the S&P500.

Rogers Communications Inc. (NYSE:RCI) Ratings Coverage

Among 2 analysts covering Rogers Communications (NYSE:RCI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Rogers Communications had 2 analyst reports since January 8, 2018 according to SRatingsIntel. The company was upgraded on Monday, January 8 by Desjardins Securities.

Rogers Communications Inc. operates as a communications and media firm in Canada. The company has market cap of $24.30 billion. The companyÂ’s Wireless segment offers wireless telecommunications services to clients and businesses under the Rogers, Fido, and chatr brands; and wireless devices, services, and applications. It has a 18.54 P/E ratio. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, ecommerce sites, call centers and outbound telemarketing, and other distribution channels.

Another recent and important Rogers Communications Inc. (NYSE:RCI) news was published by Fool.ca which published an article titled: “Which of the 3 Best Value Telecom Stocks in Canada Is a Buy?” on June 11, 2018.

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