Rogers Communications (RCI) Tops Q2 EPS by 20c

Rogers Communications (NYSE: RCI) reported Q2 EPS of Cdn$0.86, Cdn$0.20 better than the analyst estimate of Cdn$0.66. Revenue for the quarter came in at Cdn$3.87 billion versus the consensus estimate of Cdn$2.94 billion.

Guidance:

Company affirms 2022 guidance ranges for total service revenue growth of 6% to 8%, adjusted EBITDA growth of 8% to 10%, capital expenditures of $2.8 to $3.0 billion, and free cash flow excluding Shaw financing1 of $1.9 to $2.1 billion

For earnings history and earnings-related data on Rogers Communications (RCI) click here.

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