Rogers Q3 Adj EPS $1.24 Beats $1.13 Estimate, Sales $229.15M Miss $235.00M Estimate
Portfolio Pulse from totan@benzinga.com
Rogers (NYSE:ROG) reported Q3 earnings of $1.24 per share, beating the analyst consensus estimate of $1.13 by 9.73%. This is an 11.71% increase from the same period last year. However, the company's quarterly sales of $229.15 million missed the analyst consensus estimate of $235.00 million by 2.49%, marking a 7.31% decrease from the same period last year.
October 26, 2023 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Rogers' Q3 earnings beat estimates but sales missed, indicating mixed financial performance.
Rogers' earnings beat the estimates, which is a positive signal for investors and could potentially drive the stock price up. However, the company's sales missed the estimates, which is a negative signal and could potentially drive the stock price down. The mixed signals make the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100