Rogers Communications beats Q2 earnings estimates as revenues rise 7.7%

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Rogers Communications reported second-quarter 2026 adjusted earnings of 83 cents per share, beating the Zacks Consensus Estimate by 3.75% and rising 1.2% year over year. Total revenues increased 7.7% to C$5.62 billion, driven by a 53% surge in Media revenues to C$1.16 billion, which included about C$310 million from the consolidation of Maple Leaf Sports & Entertainment. Wireless revenues were flat at C$2.54 billion, while Cable revenues edged up 1% to C$1.98 billion. Consolidated adjusted EBITDA grew 3% to C$2.44 billion, and the company reaffirmed its 2026 outlook for total service revenue growth of 3% to 5% and adjusted EBITDA growth of 1% to 3%.

Impact on stocks 4

Energy Transition & Power Demand · 3 stocks
Cloud & Digital Infrastructure · 1 stocks