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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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Wall St Engine
@wallstengine
2026.10.23 11:02
ROGERS COMMUNICATIONS $RCI Q3โ26 EARNINGS HIGHLIGHTS ๐น Revenue: C$5.44B (Est. C$5.38B) ๐ข; +2% YoY ๐น Adj. EPS: C$1.29 (Est. C$1.22) ๐ข; -6% YoY ๐น Adj. EBITDA: C$2.54B (Est. C$2.53B) ๐ข; +1% YoY ๐น Free Cash Flow: C$1.37B; +65% YoY ๐น CapEx: C$524M; -46% YoY Affirms FY26 Guide: ๐น Service Revenue Growth: 2026 outlook ๐น Adj. EBITDA Growth: 2026 outlook ๐น CapEx: 2026 outlook ๐น FCF: 2026 outlook Segment Revenue: ๐น Wireless: C$2.69B; +1% YoY ๐น Cable: C$1.99B; flat YoY ๐น Media: C$821M; +9% YoY Segment Adj. EBITDA: ๐น Wireless: C$1.38B; +1% YoY ๐น Cable: C$1.16B; +1% YoY ๐น Media: C$84M; +12% YoY Announcements: ๐น MLSE: Minority interest acquisition completed on October 1 ๐น Rogers Sports: Pursuing sale of a minority interest by the first half of 2027 Other Q3 Metrics: ๐น Service Revenue: C$4.78B; +1% YoY ๐น Adj. EBITDA Margin: 46.6% ๐น GAAP EPS: C$0.88 ๐น Capital Intensity: 9.6% ๐น Postpaid Phone Net Adds: 6 ๐น Postpaid Phone Churn: 1.03% ๐น Mobile Phone ARPU: C$55.22 ๐น Retail Internet Net Adds: 10 Key Updates: ๐น Net income attributable to RCI shareholders: C$482M ๐น Restructuring, acquisition and other: C$104M ๐น Change in fair value of subsidiary equity derivative instruments: C$38M ๐น Depreciation and amortization on fair value increment of Shaw Transaction-related assets: C$173M ๐น Gain on disposition of assets: -C$67M ๐น Revaluation of subsidiary US dollar-denominated balances: C$19M ๐น Income tax impact of above items: -C$45M ๐น Adjusted net income attributable to RCI shareholders: C$704M ๐น Completed MLSE minority interest acquisition for C$4.35B in cash ๐น Returned C$270M in dividends; declared a C$0.50/share dividend Comments: ๐ธ โOur 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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