Rogers (ROG) Scheduled to Post Quarterly Earnings on Thursday

Rogers (NYSE:ROG) will post its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect Rogers to post earnings of $0.85 per share for the quarter. Rogers has set its Q3 2024 guidance at 0.750-0.950 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Rogers (NYSE:ROG) last announced its earnings results on Thursday, July 25th. The electronics maker reported $0.69 EPS for the quarter, beating the consensus estimate of $0.60 by $0.09. The company had revenue of $214.20 million for the quarter, compared to analyst estimates of $215.00 million. Rogers had a return on equity of 4.67% and a net margin of 6.75%. During the same quarter in the prior year, the company earned $1.07 EPS. On average, analysts expect Rogers to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Rogers Price Performance

ROG opened at $104.57 on Thursday. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 33.51 and a beta of 0.50. Rogers has a 1 year low of $96.41 and a 1 year high of $138.85. The firm’s fifty day moving average price is $104.80 and its two-hundred day moving average price is $113.71.

Insiders Place Their Bets

In other news, VP Brian Keith Larabee sold 600 shares of the stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $123.37, for a total transaction of $74,022.00. Following the transaction, the vice president now directly owns 3,409 shares in the company, valued at approximately $420,568.33. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.27% of the company’s stock.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.