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Rogers Sugar Fiscal Q1 Adjusted Net Earnings Slightly Below Expectations
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Rogers Sugar Fiscal Q1 Adjusted Net Earnings Slightly Below Expectations
Feb 6, 2025 5:56 AM

08:33 AM EST, 02/06/2025 (MT Newswires) -- Rogers Sugar ( RSGUF ) reported Thursday fiscal first-quarter adjusted earnings that slightly missed analyst expectations.

The company posted adjusted net earnings of $19.5 million or $0.15 per share, below the FactSet analyst consensus forecast of $0.16 per share but above the year-ago adjusted net earnings of $12.6 million, or $0.12 per share.

Net earnings stood at $15.8 million or $0.11 per diluted share, increasing from $13.9 million, or $0.11 per share.

Rogers booked revenue of $323.2 million, rising from $288.7 million. Adjusted EBITDA increased to $39.6 million from $30.7 million.

"We are pleased to have made a strong start to the year, delivering profitable growth in both our Sugar and Maple segments," said Mike Walton, president and CEO of Rogers and its operating subsidiary Lantic.

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