Investing.com - Rogers Communications reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of C$1.08 on revenue of C$3.67B. Analysts polled by Investing.com forecast EPS of C$0.76 on revenue of C$3.32B. .
Rogers Communications shares gained 10.95% to trade at C$58.08 in intra-day trade following the report.
For the year, Rogers Communications shares are down 9.93%, under-performing the S&P/TSX which is down 4.57% year to date.
Rogers Communications follows other major Services sector earnings this month
On Thursday, Rogers Communications reported third quarter EPS of C$1.08 on revenue of C$3.67B, compared to forecasts of EPS of C$0.76 on revenue of C$3.32B.
Aritzia earnings beat analyst's expectations on Wednesday, October 14, 2020, with second quarter EPS of C$0.01 on revenue of C$200.16M. Investing.com analysts expected EPS of C$-0.08 on revenue of C$189.95M
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