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

Rogers Communication (NYSE:RCI) (TSE:RCI.B) announced its quarterly 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 net margin of 32.00% and a return on equity of 12.11%. The business had revenue of $3.95 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the business posted $1.14 EPS. Rogers Communication’s quarterly revenue was up 7.6% on a year-over-year basis.

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 Stock Performance

NYSE:RCI traded up $0.22 on Thursday, reaching $33.17. 467,860 shares of the company’s stock were exchanged, compared to its average volume of 1,232,606. The firm has a market cap of $17.92 billion, a price-to-earnings ratio of 3.50, a P/E/G ratio of 4.17 and a beta of 0.64. The stock has a fifty day simple moving average of $35.71 and a 200-day simple moving average of $36.63. Rogers Communication has a 52 week low of $31.38 and a 52 week high of $41.14. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.55 and a quick ratio of 0.53.

Rogers Communication Dividend Announcement

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

Trending Headlines about Rogers Communication

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

• Positive Sentiment: Rogers reported Q2 EPS of $0.83, topping estimates, and revenue of $3.95 billion, also above forecasts. Rogers Communication (RCI) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company reaffirmed its 2026 outlook and said free cash flow rose 6% to $1.0 billion, while service revenue increased 8% and adjusted EBITDA improved. Rogers Communications Reports Second Quarter 2026 Results
• Positive Sentiment: Rogers declared a quarterly dividend of C$0.50 per share, reinforcing its shareholder-return story and supporting the stock’s yield-focused appeal. Rogers Communications Declares 50 Cents per Share Quarterly Dividend
• Neutral Sentiment: Analysts and commentary are also focusing on valuation after the mixed-but-better-than-expected quarter, suggesting investors are weighing the earnings beat against a still-depressed share price relative to moving averages. Where Does Rogers Communications (TSX:RCI.B) Valuation Sit After Mixed Results And A Reaffirmed Dividend?
• Negative Sentiment: Despite the earnings beat, EPS was still well below the prior year’s level, which may temper enthusiasm about the pace of profit recovery. Rogers Communication stock information

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Manchester Capital Management LLC bought a new stake in Rogers Communication during the fourth quarter worth about $26,000. Headlands Technologies LLC raised its holdings in Rogers Communication by 143.2% in the 2nd 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 lifted its holdings in 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 worth $59,000 after buying an additional 683 shares during the period. Advisory Services Network LLC purchased a new stake in Rogers Communication in the third quarter worth $63,000. Finally, Danske Bank A S purchased a new stake in shares of Rogers Communication in the 3rd quarter worth about $64,000. 45.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Scotiabank reiterated an “outperform” rating on shares of Rogers Communication in a report on Tuesday, July 7th. Desjardins restated a “hold” rating on shares of Rogers Communication in a report on Thursday, April 23rd. Barclays dropped their price target on shares of Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Rogers Communication in a report on Wednesday, June 17th. Finally, TD Securities reissued a “buy” rating on shares of Rogers Communication in a research note on Thursday. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $36.00.

About Rogers Communication

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.