Rogers Communications Notice for 4Q24 Results Teleconference January 30, 2025, at 8:00 A.M. ET
Rogers Communications has announced its upcoming fourth quarter financial results release scheduled for January 30, 2025. The company has revised its 2024 service revenue guidance to just over 7%, down from the previously forecasted 8-10% range, citing weakness in media revenue during Q4. All other guidance metrics remain unchanged.
The Q4 results and 2025 outlook will be released before North American markets open on January 30, followed by a management teleconference with investors at 8:00 a.m. ET. CEO Tony Staffieri noted that while media revenue was softer than expected in Q4, the company maintained industry-leading execution throughout the year.
Rogers Communications ha annunciato il rilascio dei risultati finanziari del quarto trimestre, previsto per il 30 gennaio 2025. L'azienda ha rivisto le sue previsioni sui ricavi dei servizi per il 2024 a poco più del 7%, rispetto alla precedente stima del 8-10%, a causa di un calo dei ricavi media durante il quarto trimestre. Tutti gli altri parametri guida rimangono invariati.
I risultati del Q4 e le prospettive per il 2025 saranno annunciati prima dell'apertura dei mercati nordamericani il 30 gennaio, seguiti da una teleconferenza con gli investitori alle 8:00 ET. Il CEO Tony Staffieri ha sottolineato che, sebbene i ricavi media siano stati più deboli del previsto nel Q4, l'azienda ha mantenuto un'esecuzione leader nel settore per tutto l'anno.
Rogers Communications ha anunciado la próxima publicación de sus resultados financieros del cuarto trimestre programada para el 30 de enero de 2025. La compañía ha revisado su perspectiva de ingresos por servicios para 2024 a poco más del 7%, por debajo del rango pronosticado anteriormente del 8-10%, citando debilidad en los ingresos de medios durante el cuarto trimestre. Todos los demás indicadores de orientación permanecen sin cambios.
Los resultados del Q4 y las perspectivas para 2025 se publicarán antes de que abran los mercados norteamericanos el 30 de enero, seguido de una teleconferencia de gestión con inversores a las 8:00 a.m. ET. El CEO Tony Staffieri señaló que, aunque los ingresos de medios fueron más bajos de lo esperado en el Q4, la compañía mantuvo una ejecución líder en la industria durante todo el año.
로저스 커뮤니케이션즈는 2025년 1월 30일 예정된 4분기 재무 결과 발표를 알렸습니다. 회사는 2024 서비스 수익 가이던스를 7% 이상으로 수정했으며, 이는 이전에 예측한 8-10% 범위에서 하락한 것입니다. 이는 4분기 동안 미디어 수익이 저조했음을 나타냅니다. 모든 다른 가이던스 지표는 변동이 없습니다.
4분기 결과와 2025년 전망은 1월 30일 북미 시장이 열리기 전에 발표되며, 오전 8시(ET)에 투자자와의 경영진 전화 회의가 진행됩니다. CEO인 토니 스태피에리는 4분기 동안 미디어 수익이 예상보다 저조했지만, 회사는 연중 내내 업계 최고의 실행력을 유지했다고 언급했습니다.
Rogers Communications a annoncé la publication de ses résultats financiers pour le quatrième trimestre, prévue pour le 30 janvier 2025. L'entreprise a révisé son objectif de revenus de services pour 2024 à un peu plus de 7%, en baisse par rapport à la fourchette précédemment prévue de 8-10%, en raison d'une faiblesse des revenus médias au cours du Q4. Tous les autres indicateurs de guidage restent inchangés.
Les résultats du Q4 et les perspectives pour 2025 seront publiés avant l'ouverture des marchés nord-américains le 30 janvier, suivis d'une téléconférence de direction avec les investisseurs à 8h00 ET. Le CEO Tony Staffieri a noté que bien que les revenus médias aient été plus faibles que prévu au Q4, l'entreprise a maintenu une exécution leader dans l'industrie tout au long de l'année.
Rogers Communications hat die Veröffentlichung der finanziellen Ergebnisse für das vierte Quartal, die für den 30. Januar 2025 geplant ist, angekündigt. Das Unternehmen hat seine Umsatzprognose für 2024 auf etwas über 7% gesenkt, nachdem zuvor ein Bereich von 8-10% prognostiziert wurde, und dies auf eine Schwäche bei den Medienumsätzen im Q4 zurückgeführt. Alle anderen Prognosekennzahlen bleiben unverändert.
Die Ergebnisse des Q4 und der Ausblick für 2025 werden vor der Eröffnung der nordamerikanischen Märkte am 30. Januar veröffentlicht, gefolgt von einer Unternehmenstelefonkonferenz mit Investoren um 8:00 Uhr ET. CEO Tony Staffieri merkte an, dass, obwohl die Medienumsätze im Q4 schwächer als erwartet waren, das Unternehmen im Laufe des Jahres eine branchenführende Ausführung beibehielt.
- Maintained industry-leading execution throughout 2024
- Still expects positive service revenue growth of over 7% for 2024
- All guidance metrics except revenue remain on target
- Reduced 2024 service revenue guidance from 8-10% to just over 7%
- Experienced weakness in media revenue during Q4 2024
Insights
The media segment weakness represents a concerning trend, especially given the competitive landscape in Canadian media. While the magnitude of the revenue miss appears manageable, it could signal broader challenges in monetizing media content and advertising. The fact that all other guidance metrics remain unchanged suggests the core telecommunications business remains stable.
From a market perspective, this guidance revision, while negative, is relatively modest. The
For investors, this presents a mixed picture - the core business stability provides a floor, but media segment challenges could persist into 2025. The key focus for the upcoming earnings call will be management's strategy to address media revenue headwinds and their outlook for 2025.
The media revenue softness in Q4 2024 aligns with broader industry trends, where traditional media companies face increasing pressure from digital platforms and changing consumer behaviors. Rogers' media portfolio, which includes sports properties and conventional broadcasting, is particularly susceptible to advertising market fluctuations.
The timing of this announcement, coming early in the year, suggests the Q4 weakness was significant enough to impact the full-year guidance. This could indicate structural challenges rather than seasonal variations. The Canadian media landscape continues to evolve rapidly, with streaming services and digital platforms capturing larger shares of advertising budgets and viewer attention.
Looking ahead, investors should focus on Rogers' ability to adapt its media assets to changing market dynamics. The company's sports properties, particularly its NHL rights, remain valuable but may require new monetization strategies. The upcoming earnings call should provide important insights into management's plans to revitalize the media segment in 2025.
Provides Update on 2024 Service Revenue Guidance
TORONTO, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) today issued a notice for its fourth quarter financial results and provided an update on its 2024 service revenue guidance.
Fourth quarter financial results and 2025 outlook
The company plans to release its fourth quarter financial results and outlook for 2025 on Thursday, January 30, 2025, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com. Rogers’ management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET.
A live webcast of the teleconference will be available on the Investor Relations section of Rogers’ website at investors.rogers.com. Alternatively, the teleconference can be accessed by dialing 416-639-5883 (1-844-282-4459 toll free for North America). When prompted, callers are required to enter passcode 3793238# for admittance to the call.
An archive of the presentation will be available at this same website following the teleconference. In addition, a telephonic re-broadcast will be available for two weeks following the teleconference by dialing 412-317-0088 (1-855-669-9658 toll free for North America) and providing access code 7473412#.
Update on full year 2024 service revenue
For the full year 2024, Rogers expects annual consolidated service revenue growth just over
“Media revenue in the fourth quarter was softer than expected affecting our revenue target for the year,” said Tony Staffieri, President and Chief Executive Officer, Rogers. “Overall, we continued with industry-leading execution throughout the year and look forward to sharing the details during our fourth quarter call.”
About Rogers:
Rogers is Canada’s leading communications and entertainment company, and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or investors.rogers.com.
For further Information:
Investor Relations
1-844-801-4792
investor.relations@rci.rogers.com
About Forward-Looking Information
This release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (collectively, “forward-looking information”). Actual events and results may differ materially from what is expressed or implied by forward‐looking information if the underlying expectations and assumptions prove incorrect or Rogers’ objectives, strategies or intentions change or as a result of risks, uncertainties and other factors, many of which are beyond Rogers’ control. See “About Forward-Looking Information” in Rogers’ 2023 Annual MD&A and Third Quarter 2024 MD&A.
FAQ
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