Rogers Communications Earnings Preview: Can This Streak Continue?

Rogers Communications (NYSE:RCI) will report earnings before markets open on Wednesday, July 24th. Rogers Communications, Inc. is a diversified Canadian communications and media company. The Company’s activities include wireless voice and data communications services over its national GSM and HSPA networks; cable television, telephony and high speed Internet access services over its broadband networks; and radio and TV broadcasting, televised shopping, magazines, and sports entertainment.

Here is your Cheat Sheet to Rogers Communications Earnings:

Earnings Expectations: Analysts expect earnings of $0.98 per share on revenues of $3.26 billion. Currently, the company’s P/E ratio stands at 11.75.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.99 to a profit $0.98. For the current year, the average estimate is a profit of $3.51, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Rogers Communications has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 10,700 10,327 11,833 12,577 12,493
Diluted EPS ($) 1.57 2.38 2.68 2.87 3.25

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 3,053.27 3,197.12 3,255.98 2,950.86
Diluted EPS ($) 0.75 0.91 1.02 0.66

Past Performance:
Rogers Communications has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)