Recap: Rogers Q3 Earnings

Shares of Rogers ROG were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 3.97% year over year to $1.45, which beat the estimate of $1.00.

Revenue of $201,944,000 declined by 8.97% year over year, which beat the estimate of $184,230,000.

Guidance

Rogers Sees Q4 EPS $1.30-$1.50 Vs. $1.02 Est., Sales $195M-$210M Vs. $186.93M

How To Listen To The Conference Call

Date: Oct 29, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/xzgxq58e

Price Action

52-week high: $157.10

52-week low: $75.72

Price action over last quarter: down 13.60%

Company Profile

Rogers Corporation designs develop and manufacture engineered materials and components for sale to original equipment manufacturers and component suppliers. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world.