Rogers Communications FY23 Total Service Revenue Growth of 26%-30%, Adj EBITDA Growth of 33%-36%, FCF at Upper End of C$2.2B-C$2.5B, and Capex of C$3.7B-C$3.9B
Portfolio Pulse from Benzinga Newsdesk
Rogers Communications has reaffirmed its 2023 financial guidance, predicting total service revenue growth of 26%-30%, adjusted EBITDA growth of 33%-36%, free cash flow at the upper end of C$2.2B-C$2.5B, and capital expenditures of C$3.7B-C$3.9B.
November 09, 2023 | 12:11 pm
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Rogers Communications' reaffirmed 2023 financial guidance indicates strong growth in revenue, EBITDA, and free cash flow, which could positively impact the company's stock.
Rogers Communications' reaffirmed 2023 financial guidance indicates strong growth in key financial metrics. This could increase investor confidence in the company's future performance, potentially leading to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100