08:15 AM EDT, 08/12/2025 (MT Newswires) -- Rogers Sugar ( RSGUF ) on Tuesday reported a third quarter earnings beat on higher than expected revenues, as it said "the current market volatility associated with the trade conditions related to the new US tariffs on imports has had a limited impact on our business and the business of our customers thus far", but added it is "closely monitoring this evolving situation".
Consolidated adjusted net earnings for the third quarter amounted to $17.0 million or $0.13, compared to $16.3 million or $0.13 a year earlier. It beat the forecast at FactSet of $0.11.
Revenues were $313.761 million compared to $309.091 million, and beating a forecast $307 million.
Consolidated adjusted EBITDA for the quarter rose to $36.6 million, driven by strong performance in the company's Maple and Sugar segments
Also, the company announced that its Board of Directors has authorized a declaration of a quarterly dividend of $0.09 per share to be paid to shareholders of record on September 26, 2025, payable on October 15, 2025.
"Our strong performance reflects the steady underlying demand for our sweeteners combined with the work we have done over the years in optimizing the business," said Mike Walton, President and Chief Executive Officer of Rogers and Lantic Inc.
RSI edged down $0.01 to $5.71 on the TSX yesterday.