Rogers Full Year 2024 Earnings: Eps Misses Expectations
Rogers' full year 2024 earnings missed expectations, with revenue down 8.6% from the previous year and net income declining by 54%. The company's profit margin also decreased, while earnings per share (EPS) fell short of analyst estimates. Despite this, Rogers is forecasting a 3.4% average annual growth in revenue over the next two years.
- The decline in Rogers' EPS may indicate a broader trend in the telecommunications industry, where companies are facing increasing competition and pressure to invest in new technologies.
- How will Rogers respond to the growing demand for high-speed internet and cloud services, which could be key drivers of future revenue growth?