Investing.com - Rogers Communications (TSX:RCIa) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of C$0.91 on revenue of C$3.62B. Analysts polled by Investing.com anticipated EPS of C$0.8293 on revenue of C$3.63B. .
Rogers Communications shares lost 100.00% to trade at C$73.79 in pre-market trade following the report.
For the year, Rogers Communications shares are up 22.51%, outperforming the S&P/TSX which is up 3.75% year to date.
Rogers Communications follows other major Communication Services sector earnings this month
On Wednesday, Rogers Communications reported first quarter EPS of C$0.91 on revenue of C$3.62B, compared to forecasts of EPS of C$0.8293 on revenue of C$3.63B.
Shaw B earnings missed analyst's expectations on Wednesday, April 13, 2022, with second quarter EPS of C$0.39 on revenue of C$1.36B. Investing.com analysts expected EPS of C$0.40 on revenue of C$1,372M
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