Rogers shares are trading lower after the company reported worse-than-expected Q4 financial results and issued Q1 guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Rogers Communications Inc. shares are trading lower following the announcement of disappointing Q4 financial results and Q1 guidance that fell short of expectations.
February 22, 2024 | 4:58 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Rogers Communications Inc. shares are expected to face downward pressure in the short term due to the reported disappointing Q4 financial results and weaker Q1 guidance.
Shares of Rogers Communications Inc. are likely to decline in the short term as investors react negatively to the company's worse-than-expected Q4 financial performance and the issuance of Q1 guidance that did not meet analysts' expectations. This news directly impacts investor sentiment and could lead to a sell-off in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100