10:52 AM EST, 01/31/2025 (MT Newswires) -- Rogers' fourth-quarter revenue/EBITDA was 1% ahead of expectations, notes BMO.
Fourth-quarter EPS was $1.46 ($1.34 Street). 2025 guide midpoint was ~1% light on service revenue/EBITDA, but 4% ahead on FCF.
Analyst Tim Casey writes that it is too soon to call a win against wireless price competition especially as volumes become pressured from a stagnant population. He notes that there was no new information on the structured equity investment or MLSE transaction.
Maintain Outperform rating, $55 target.
Price: 40.19, Change: -1.27, Percent Change: -3.06