
Rogers Communications reported a profit of $558 million for the fourth quarter of 2024, surpassing analysts' expectations. The company experienced a 65% increase in sales, totaling $3.92 billion CAD, and a 2% boost in wireless revenue. However, subscriber growth fell short of projections, leading to subdued guidance for 2025. Earnings per share (EPS) were reported at $1.04 USD. Despite the earnings jump, Rogers reiterated its focus on reducing debt amidst the lagging wireless subscriber growth.
Rogers' fourth-quarter earnings fall short of expectations with an EPS of $1.04 in USD and $3.92 billion in sales, a 65% increase in CAD. Wireless revenue shows a 2% boost. $RCI
Rogers adds fewer-than-expected subscribers, reiterates focus on reducing debt https://t.co/1VgOlGKvjN https://t.co/8zeHW7pHYk
Rogers Q4 2024 comes in above estimates https://t.co/z6rlUAE4Al https://t.co/rSOm86esen

