Rogers Corporation Expects Q3 Net Sales Of $215M - $225M (Est $226.65M), Adj EPS Of $0.75 - $0.95 (Est $0.94)
Portfolio Pulse from Benzinga Newsdesk
Rogers Corporation has announced its Q3 net sales expectations to be between $215M and $225M, slightly below the estimated $226.65M. The company also expects adjusted EPS to be in the range of $0.75 to $0.95, close to the estimated $0.94.
July 25, 2024 | 8:49 pm
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NEGATIVE IMPACT
Rogers Corporation's Q3 net sales and adjusted EPS projections are slightly below market expectations, which may lead to a short-term negative impact on the stock price.
The company's projected net sales and adjusted EPS are slightly below market expectations, which typically leads to a negative reaction from investors in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100