Rogers (NYSE:ROG – Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 0.300-0.600 for the period, compared to the consensus EPS estimate of 0.830. The company issued revenue guidance of $185.0 million-$200.0 million, compared to the consensus revenue estimate of $211.8 million.
Rogers Price Performance
Shares of Rogers stock traded down $1.25 during trading hours on Thursday, reaching $99.40. The company’s stock had a trading volume of 259,382 shares, compared to its average volume of 150,357. The firm has a 50 day moving average price of $104.56 and a 200-day moving average price of $113.12. Rogers has a one year low of $96.41 and a one year high of $138.85. The stock has a market cap of $1.85 billion, a P/E ratio of 31.86 and a beta of 0.50.
Rogers (NYSE:ROG – Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The electronics maker reported $0.69 EPS for the quarter, beating the consensus estimate of $0.60 by $0.09. The company had revenue of $214.20 million for the quarter, compared to the consensus estimate of $215.00 million. Rogers had a net margin of 6.75% and a return on equity of 4.67%. During the same period in the prior year, the firm posted $1.07 EPS. As a group, sell-side analysts forecast that Rogers will post 3.04 EPS for the current fiscal year.
Insider Activity at Rogers
Rogers Company Profile
Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.
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