Rogers Q3 2024 Adj. EPS $0.98 Beats $0.85 Estimate, Sales $210.300M Miss $220.100M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rogers (NYSE:ROG) reported Q3 2024 earnings per share of $0.98, surpassing the analyst estimate of $0.85. However, sales were $210.3 million, missing the $220.1 million estimate and down 8.23% from last year.
October 24, 2024 | 8:12 pm
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Rogers reported better-than-expected EPS for Q3 2024 at $0.98, but sales fell short of expectations and decreased year-over-year.
The positive EPS surprise may boost investor sentiment, but the sales miss and year-over-year decline could offset this, leading to a neutral short-term impact on the stock price.
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