Rogers Communications (RCI) Tops Q4 EPS by 4c
Rogers Communications (NYSE: RCI) reported Q4 EPS of Cdn$1.13, Cdn$0.04 better than the analyst estimate of Cdn$1.09. Revenue for the quarter came in at Cdn$3.94 billion versus the consensus estimate of Cdn$3.87 billion.
2019 Outlook
For the full-year 2019, we expect steady growth in revenue and adjusted EBITDA to drive higher free cash flow, despite higher projected capital expenditures. In 2019, we expect to have the financial flexibility to maintain our network advantages, to further reduce debt, and to continue to return cash to shareholders.
| 2018 | ||||||||||
| (In millions of dollars, except percentages) | Actual | 2019 Guidance Ranges 1 | ||||||||
| Consolidated Guidance | ||||||||||
| Revenue | 15,096 | Increase of 3% | to | 5% | ||||||
| Adjusted EBITDA 2, 3 | 5,983 | Increase of 7% | to | 9% | ||||||
| Capital expenditures 4 | 2,790 | 2,850 | to | 3,050 | ||||||
| Free cash flow 2, 3, 5 | 2,134 | Increase of 200 | to | 300 | ||||||
For earnings history and earnings-related data on Rogers Communications (RCI) click here.