Recap: Rogers Q4 Earnings
Portfolio Pulse from Benzinga Insights
Rogers (NYSE:ROG) reported Q4 earnings with a significant miss, achieving an EPS of $0.6 against an estimate of $1.0, a 40% shortfall. Revenue also declined by $19.10 million from the previous year. This follows a quarter where Rogers exceeded EPS estimates, which led to a slight increase in share price.
February 21, 2024 | 9:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Rogers reported a significant miss in Q4 earnings with a 40% shortfall in EPS and a decrease in revenue, contrasting with the previous quarter's performance.
The significant miss in earnings and the decrease in revenue compared to the previous year are likely to negatively impact investor sentiment and the stock price in the short term. Historical data shows that past earnings performance can influence stock price movements, and a miss of this magnitude, especially following a quarter where expectations were exceeded, could lead to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100