Investing.com - Rogers Communications (TSX:RCIa) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of C$0.86 on revenue of C$3.87B. Analysts polled by Investing.com forecast EPS of C$0.8502 on revenue of C$3.79B. .
Rogers Communications shares gained 0.83% to trade at C$60.33 in intra-day trade following the report.
For the year, Rogers Communications shares are up 0.17%, outperforming the S&P/TSX which is down 9.73% year to date.
Rogers Communications follows other major Communication Services sector earnings this month
On Wednesday, Rogers Communications reported second quarter EPS of C$0.86 on revenue of C$3.87B, compared to forecasts of EPS of C$0.8502 on revenue of C$3.79B.
Shaw Communications earnings beat analyst's expectations on Tuesday, June 28, 2022, with third quarter EPS of C$0.41 on revenue of C$1.35B. Investing.com analysts expected EPS of C$0.39 on revenue of C$1,356M
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