Rogers Hits Estimates, Boosts Cash Outlook on Spending Cut
Attendees during the Rogers Communications Inc. annual general meeting in Toronto on April 22.
Photographer: Cole Burston/BloombergRogers Communications Inc. matched analysts’ earnings estimates and raised its 2026 outlook for free cash flow as it cuts capital spending. The shares jumped the most in six years.
The country’s biggest mobile phone provider earned C$1.01 per share on an adjusted basis in the first quarter, in line with forecasts in a Bloomberg survey of analysts.