Rogers Communication Reaffirms 2024 Outlook: Sees Total Service Revenue Growth Of 8%-10%; Adjusted EBITDA Growth Of 12%-15%
Portfolio Pulse from Benzinga Newsdesk
Rogers Communication has reaffirmed its 2024 financial outlook, projecting total service revenue growth of 8%-10% and adjusted EBITDA growth of 12%-15%. The company also anticipates capital expenditures between $3.8 billion and $4.0 billion, and free cash flow of $2.9 billion to $3.1 billion.
October 24, 2024 | 11:13 am
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Rogers Communication has reaffirmed its 2024 outlook, expecting significant growth in service revenue and adjusted EBITDA, which is positive for the company's financial health.
The reaffirmation of the 2024 outlook with expected growth in service revenue and adjusted EBITDA suggests strong future performance, which is likely to positively impact the stock price. The high growth rates indicate robust business operations and financial health, making it an attractive investment.
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