Overview

* Rogers Corp ( ROG ) Q2 net sales rise 6.5% sequentially, beating analyst expectations

* Adjusted EPS for Q2 misses analyst expectations, per LSEG data

* Co repurchased $28 mln of shares and announced AES cost-saving initiatives

Outlook

* Rogers expects Q3 2025 net sales of $200 mln to $215 mln

* Company anticipates Q3 2025 gross margin between 31.5% and 33.5%

* Rogers projects Q3 2025 adjusted EPS of $0.50 to $0.90

Result Drivers

* INCREMENTAL IMPROVEMENTS - Sequential sales increase driven by improvements across most end markets

* SEGMENT PERFORMANCE - AES sales rose 4.6% due to higher industrial, ADAS, and aerospace and defense sales, offset by lower wireless infrastructure sales

* CURRENCY IMPACT - Favorable currency exchange rates contributed $3.6 mln to total net sales increase

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $202.80 $198.80

mln mln (2

Analysts

)

Q2 Miss $0.34 $0.5 (2

Adjusted Analysts

EPS )

Q2 $23.90

Adjusted mln

EBITDA

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the semiconductors peer group is "buy"

* Wall Street's median 12-month price target for Rogers Corp ( ROG ) is $82.50, about 19.5% above its July 30 closing price of $66.40

* The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)