Rogers today announced partnerships with women’s shelters across British Columbia, including in Metro Vancouver, the Okanagan and on Vancouver Island, to provide connectivity to support our most vulnerable citizens during this global health crisis. The COVID-19 pandemic has revealed urgent needs among Canada’s at-risk communities, including women and children who may be facing the reality of being at home with an abusive family member.
Rogers Communication (RCI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Rogers Communications (RCI) first-quarter 2020 results hurt by weakness in Services revenues and Media segment attributed to coronavirus outbreak.
More than $8 Million Now Raised for Food Banks Canada as a Result of STRONGER TOGETHER, TOUS ENSEMBLE
Rogers announced that its personalized mobile retail experience, Rogers Pro On-the-Go™, is now available in the nation’s capital. As restrictions in the province start to ease, and businesses pivot to meet the needs of Canadians in the new normal, Rogers has accelerated the expansion of Pro On-the-Go™ to give customers in Ottawa another way to get a new phone in as little as hours and expert support to set it up, at no extra cost. The service, available only at Rogers, has begun rolling out to Ottawa neighbourhoods and will expand throughout the nation’s capital in the coming weeks.
Rogers Communication (RCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of Rogers Communications (NYSE:RCI) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 10.17% year over year to $0.53, which missed the estimate of $0.60.Revenue of $2,548,000,000 lower by 5.28% year over year, which missed the estimate of $2,760,000,000.Guidance Rogers Communications hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Apr 22, 2020View more earnings on RCITime: 05:03 AM ETWebcast URL: https://investors.rogers.com/Recent Stock Performance 52-week high: $54.82Company's 52-week low was at $32.20Price action over last quarter: down 19.75%Company Overview Rogers Communications Inc is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Rogers' wireless business accounted for over 60% of the company's total sales in 2019 and has increasingly provided a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about one fourth of total sales, offers home Internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.See more from Benzinga * Kimberly-Clark: Q1 Earnings Insights * Recap: Biogen Q1 Earnings * Recap: Universal Stainless Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Rogers Communications Inc. (“Rogers”) announced today that the Toronto Stock Exchange (“TSX”) has accepted a notice filed by Rogers of its intention to commence a normal course issuer bid (“NCIB”) for its Class B Non-Voting shares (“Class B shares”) (TSX: “RCI.B”). Under the NCIB, Rogers may, during the twelve month period commencing April 24, 2020 and ending April 23, 2021, purchase on the TSX, the New York Stock Exchange, other designated exchanges and/or alternative trading systems the lesser of 34,927,589 Class B shares, representing approximately 10% of the public float of the Class B shares, and that number of Class B shares that can be purchased under the NCIB for an aggregate purchase price of $500 million.
Their yields beat the 20-year high quality market corporate bonds Continue reading...
Frontline healthcare workers continue to have our backs, and now it’s time for us to have theirs! In celebration of International Nurses Day and in recognition of Canada’s frontline healthcare professionals, Rogers Sports & Media today launches the Hearts and Smiles national campaign.
Fido today announced a partnership with Pflag Canada to help keep vulnerable members of our communities safe and connected during the public health crisis. For more than 30 years, Pflag Canada has been a safe haven and staple for so many Canadians, including individuals and the family members of those struggling with issues surrounding sexual or gender identity. As these uncertain times create heightened stress and anxiety for so many, the support provided through Pflag is needed now more than ever.
In a new study released today from J.D. Power, Canadians rated Rogers first for wireless network quality performance in the West and tied first in Ontario. This study is released at a time when network strength and reliable connectivity are more important than ever as Canadians stay home to limit the impact of COVID-19. “There’s never been a more important time to stay connected and we are incredibly proud that our customers consider us number one in providing connectivity for people, businesses and communities,” said Joe Natale, President and CEO, Rogers Communications.
Wearing their hearts on their sleeves and a smile on their faces, Canadians helped Rogers Sports & Media celebrate International Nurses Day earlier this week by helping surpass $1 million raised in support of the country’s frontline healthcare community through the Hearts and Smiles campaign. Limited-edition Hearts and Smiles t-shirts and masks have been purchased by Canadians in record numbers, with proceeds going to The Frontline Fund. “I am inspired by our frontline healthcare professionals and their tremendous dedication to the safety and wellbeing of Canadians,” said Joe Natale, President & CEO, Rogers Communications.
While telecom providers are benefiting from an increase in internet usage by customers stuck at home due to the COVID-19 pandemic, store closures have limited their ability to sell equipment and sign up new customers. Revenue from Rogers' wireless segment, its largest business that includes internet service and equipment, slipped 2% to C$2.08 billion in the first quarter as demand dropped due to the virus outbreak and on fewer roaming calls. Canada's Rogers Communications, which faces stiff competition from rivals BCE Corp and Telus Corp, generated average revenue per user of C$52.85 from its wireless services, compared with C$54.13 a year earlier.
Rogers Communications Inc. (“Rogers”) announced that its Board of Directors declared a quarterly dividend totaling 50 cents per share on each of its outstanding Class B Non-Voting shares and Class A Voting shares. The declared quarterly dividend will be paid on July 2, 2020 to shareholders of record on June 10, 2020.
Rogers Communication (RCI) delivered earnings and revenue surprises of -8.62% and -1.68%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Rogers Communications Inc. today issued an open letter to its shareholders and customers amid the COVID-19 pandemic. The full text of the letter from Joe Natale, President and Chief Executive Officer follows.
TORONTO, April 22, 2020 -- Rogers Communications Inc., a leading diversified Canadian communications and media company, in accordance with Toronto Stock Exchange requirements,.
Rogers announced today that it is accelerating the expansion of Rogers Pro On-the-Go™, its personalized, mobile-retail experience. The service, available only at Rogers, is now available to more customers in Southwestern Ontario including Hamilton, Kitchener, Waterloo, Guelph, Brantford and Cambridge. With Rogers Pro On-the-Go, customers get a new phone in hours and expert support to set it up, at no extra cost.
World-leading networks and a strong balance sheet position Rogers Communications well to help Canadians manage through COVID-19• Network traffic up over 50% as businesses and.