Rogers (ROG) Set to Announce Earnings on Tuesday
Rogers (NYSE:ROG) will release its Q214 earnings data on Tuesday, July 29th. Analysts expect Rogers to post earnings of $0.56 per share and revenue of $153.50 million for the quarter. Rogers has set its Q2 guidance at $0.68-0.77 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.
Rogers (NYSE:ROG) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The company had revenue of $146.64 million for the quarter, compared to the consensus estimate of $137.35 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. On average, analysts expect Rogers to post $3.00 EPS for the current fiscal year and $3.64 EPS for the next fiscal year.
Rogers (NYSE:ROG) traded down 1.00% during mid-day trading on Monday, hitting $59.40. 14,931 shares of the company’s stock traded hands. Rogers has a 1-year low of $52.11 and a 1-year high of $68.34. The stock’s 50-day moving average is $65.02 and its 200-day moving average is $61.73. The company has a market cap of $1.076 billion and a P/E ratio of 23.76.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Rogers from a “neutral” rating to an “underperform” rating in a research note on Monday, July 21st. They now have a $61.40 price target on the stock. On the ratings front, analysts at DA Davidson cut their price target on shares of Rogers from $77.00 to $75.00 in a research note on Friday, July 18th. They now have a “buy” rating on the stock. Finally, analysts at DA Davidson reiterated a “buy” rating on shares of Rogers in a research note on Monday, June 16th. They now have a $77.00 price target on the stock, up previously from $69.00.
Rogers Corporation (NYSE:ROG) is the supplier of a range of specialty materials and components for the portable communications, communications infrastructure, consumer electronics, mass transit, automotive, defense, and clean technology.
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