Rogers Corp reports results for the quarter ended June 30 - Earnings Summary

• Rogers Corp ROG reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of two analysts for the quarter was for earnings of 50 cents per share.

• Revenue fell 5.3% to $202.80 million from a year ago; analysts expected $198.75 million.

• Rogers Corp's reported EPS for the quarter was a loss of $4.00​.

• The company reported a quarterly loss of $73.6 million.

• Rogers Corp shares had fallen by 3.0% this quarter and lost 34.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

• Wall Street's median 12-month price target for Rogers Corp is $82.50, about 20.5% above its last closing price of $65.58

This summary was machine generated from LSEG data July 31 at 09:56 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)