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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
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ROGERS COMMUNICATIONS $RCI Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: C$5.44B (Est. C$5.38B) ๐ŸŸข; +2% YoY ๐Ÿ”น Adj. EPS: C$1.29 (Est. C$1.22) ๐ŸŸข; -6% YoY ๐Ÿ”น Adj. EBITDA: C$2.54B (Est. C$2.53B) ๐ŸŸข; +1% YoY ๐Ÿ”น Free Cash Flow: C$1.37B; +65% YoY ๐Ÿ”น CapEx: C$524M; -46% YoY Affirms FY26 Guide: ๐Ÿ”น Service Revenue Growth: 2026 outlook ๐Ÿ”น Adj. EBITDA Growth: 2026 outlook ๐Ÿ”น CapEx: 2026 outlook ๐Ÿ”น FCF: 2026 outlook Segment Revenue: ๐Ÿ”น Wireless: C$2.69B; +1% YoY ๐Ÿ”น Cable: C$1.99B; flat YoY ๐Ÿ”น Media: C$821M; +9% YoY Segment Adj. EBITDA: ๐Ÿ”น Wireless: C$1.38B; +1% YoY ๐Ÿ”น Cable: C$1.16B; +1% YoY ๐Ÿ”น Media: C$84M; +12% YoY Announcements: ๐Ÿ”น MLSE: Minority interest acquisition completed on October 1 ๐Ÿ”น Rogers Sports: Pursuing sale of a minority interest by the first half of 2027 Other Q3 Metrics: ๐Ÿ”น Service Revenue: C$4.78B; +1% YoY ๐Ÿ”น Adj. EBITDA Margin: 46.6% ๐Ÿ”น GAAP EPS: C$0.88 ๐Ÿ”น Capital Intensity: 9.6% ๐Ÿ”น Postpaid Phone Net Adds: 6 ๐Ÿ”น Postpaid Phone Churn: 1.03% ๐Ÿ”น Mobile Phone ARPU: C$55.22 ๐Ÿ”น Retail Internet Net Adds: 10 Key Updates: ๐Ÿ”น Net income attributable to RCI shareholders: C$482M ๐Ÿ”น Restructuring, acquisition and other: C$104M ๐Ÿ”น Change in fair value of subsidiary equity derivative instruments: C$38M ๐Ÿ”น Depreciation and amortization on fair value increment of Shaw Transaction-related assets: C$173M ๐Ÿ”น Gain on disposition of assets: -C$67M ๐Ÿ”น Revaluation of subsidiary US dollar-denominated balances: C$19M ๐Ÿ”น Income tax impact of above items: -C$45M ๐Ÿ”น Adjusted net income attributable to RCI shareholders: C$704M ๐Ÿ”น Completed MLSE minority interest acquisition for C$4.35B in cash ๐Ÿ”น Returned C$270M in dividends; declared a C$0.50/share dividend Comments: ๐Ÿ”ธ โ€œOur third quarter results demonstrate strong financial discipline, with margin expansion in Cable and Wireless, record free cash flow, and further deleveraging despite lower market activityโ€
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