Thursday, January 30, 2025
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Rogers Communications stories $558M This fall earnings, up from $328M a yr beforehand


TORONTO–Rogers Communications Inc reported a fourth-quarter earnings of $558 million, up from $328 million a yr beforehand, as its earnings bordered higher.

The agency states its earnings totaled as much as $1.02 per watered down share for the quarter finishedDec 31, up from 62 cents per watered down share within the final 3 months of 2023.

Revenue amounted to $5.5 billion, up from $5.3 billion a yr beforehand.

The agency states its cordless resolution earnings was up 2 %, whereas cordless instruments earnings elevated 9 %. Cable resolution earnings was regular.

Media earnings elevated 10 %, largely as an consequence of higher sporting activities- and entertainment-related earnings, nonetheless it was lower than the agency anticipated.

On a modified foundation, Rogers states it made $1.46 per watered down share in its most present quarter, up from a modified earnings of $1.19 per watered down share.

This document by The Canadian Press was very first releasedJan 30, 2025.

Companies on this story: (TSX: RCI.B)

The Canadian Press



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