Rogers Communications (RCI) Earnings Date & Reports

Rogers reported total revenue of CAD 5.5 billion, up 10% from CAD 5.0 billion in Q1 2025, surpassing consensus estimates by about 1.4%. Total service revenue hit CAD 4.9 billion, also up 10% year-over-year, fueled by an 82% surge in media revenue to CAD 988 million from MLSE contributions.

Adjusted EBITDA increased 5% to CAD 2.4 billion, with margins at 43.1%, reflecting growth across segments: wireless up 1%, cable up 1% (2% organically), and media turning breakeven from a loss. Net income attributable to shareholders rose 56% to CAD 438 million, yielding diluted EPS of CAD 0.80. Adjusted diluted EPS of CAD 1.01 edged up 2% year-over-year and topped expectations.

Operationally, wireless added 28,000 postpaid mobile phones (ARPU—average revenue per user—at CAD 55.60, down slightly) with churn at 1.22% (up from 1.01%). Cable saw 7,000 retail internet adds, ARPA (average revenue per account) at CAD 133.16. Free cash flow jumped 32% to CAD 776 million on capex cuts.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener identifies trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore it today to enhance your stock analysis workflow.

Market Reaction and Investor Sentiment

RCI shares rallied around 3% in premarket trading post-earnings, reflecting optimism over revenue beats, robust free cash flow, and upbeat guidance despite mixed segment churn. Investors praised capex efficiency and deleveraging progress, though some noted regulatory headwinds and competitive pressures weighing on ARPU and churn. Sentiment turned positive heading into the quarter, buoyed by MLSE value unlock potential.

Forward Outlook and Key Factors to Monitor

Rogers reaffirmed 2026 guidance for total service revenue growth of 3% to 5% and adjusted EBITDA growth of 1% to 3% over 2025 levels. Notably, it slashed capital expenditures to CAD 2.5-2.7 billion (from prior CAD 3.3-3.5 billion), targeting ~12% intensity, while boosting free cash flow outlook to CAD 4.1-4.3 billion—up ~CAD 0.8 billion from last year.

Key to watch: execution on capex reprioritization amid regulatory decisions and competition. Wireless subscriber trends, churn stabilization, and ARPA recovery will signal demand health. In cable, internet growth and bundling penetration (now 45.9%) remain vital.

Media's path to profitability via sports assets, including planned MLSE minority buyout, could unlock value. Broader factors include interest rate impacts on debt, dividend sustainability, and Shaw synergies. Balanced monitoring of these will gauge sustained momentum.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer. Disclaimers and Limitations