08:02 AM EDT, 05/13/2025 (MT Newswires) -- Rogers Sugar ( RSGUF ) on Tuesday said second-quarter adjusted earnings fell even as revenue advanced. Both figures missed forecasts.
Adjusted net earnings fell to $16.2 million, or $0.13 per basic share, from $18.9 million, or $0.17 per basic share, in the prior year period. The result missed FactSet's consensus analysts' estimate of $0.14 per share.
Revenue increased to $326.3 million, from $301 million a year earlier, missing analysts' expectations of $333.4 million. The company recorded higher sales in its sugar and maple segments.
The current market volatility associated with U.S. tariffs has had a limited impact on its business, the company said, adding that it expects a "strong year" in 2025 for its maple segment. Its sales volume outlook for sugar for fiscal 2025 is 785,000 metric tonnes.
The company will pay a regular quarterly dividend of $0.09 per share, on July 16.