Rogers Corporation (NYSE:ROG) manufacturer of engineered materials and components, is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.00 per share.
Looking ahead, the full year income are expected at $ 4.07 per share on the revenues of $ 761.07 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.90 ~ $ 1.10 per share, while revenues are expected in a range of $ 175.00 million ~ $ 190.00 million
Click Here For More Historical Outlooks Of Rogers Corporation
Previous Quarter Performance
Rogers Corporation unveiled income for the second quarter of $ 1.13 per share, from the revenue of $ 191.16 million. Street analysts expected Rogers Corporation to report income of $ 0.90 per share on revenue of $ 197.10 million for the second quarter. The bottom line results beat street analysts by $ 0.23 or 25.56 percent, at the same time, top line results fell short of analysts by $ 5.94 million or 3.01 percent.
Stock Performance
Shares of Rogers Corporation traded low $ -4.56 or -4.34 percent on Wednesday, reaching $ 100.58 with volume of 109.20 thousand shares. Rogers Corporation has traded high as $ 104.71 and has cracked $ 100.58 on the downward trend
According to the previous trading day, closing price of $ 100.58, representing a 38.85 % increase from the 52 week low of $ 75.72 and a 31.18 % decrease over the 52 week high of $ 152.77.
The company has a market capital of $ 1.98 billion and is part of the Technology sector and Electronic Components industry.
Conference Call
Rogers Corporation will be hosting a conference call at 5:00 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.rogerscorp.com
Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates in Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES), and Other segments. The ACS segment offers circuit materials and solutions for connectivity applications in wireless infrastructure, automotive, aerospace and defense, connected devices, wired infrastructure, and consumer electronics under the RO3000, RO4000, RT/duroid, TMM, AD Series, and CLTE Series names.
