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Rogers Corp (ROG)
NYSE:ROG
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
0.58Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -0.32%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced sentiment with both positive and negative aspects. While Rogers Corporation effectively managed costs and maintained a strong balance sheet, challenges persist in the form of declining revenues, pressure on gross margins, and uncertainties in key markets like EV/HEV.Company Guidance
During the Rogers Corporation Fourth Quarter 2024 Earnings Conference Call, the company provided guidance and insights into their financial performance and strategic initiatives. Fourth quarter revenues were $192 million, a 9% decline from the previous quarter, with a gross margin of 32.1%, down 300 basis points from Q3. For the full year, sales reached $830 million, a 9% decrease from 2023, primarily due to challenges in the industrial and EV/HEV markets. The company expects a flat sales outlook for Q1 2025 and anticipates a gradual recovery in the second half of the year, driven by improvements in the EV/HEV and power industrial markets. Operational excellence initiatives resulted in robust free cash flow conversion, with $71 million generated in 2024. The company is positioned for market recovery with strategic investments, including new manufacturing capabilities in China, and expects these will begin contributing significantly in the second half of 2025. First quarter 2025 sales are projected to be between $180 million and $195 million, with gross margins anticipated between 29% and 30.5%.Cost Management Success
In 2024, Rogers Corporation achieved significant cost reductions through operational excellence initiatives, resulting in a 6% decrease in manufacturing spend and robust free cash flow conversion of $71 million.
Aerospace and Defense Growth
The Aerospace and Defense segment delivered solid growth for a second consecutive quarter, with full-year sales growing at a double-digit rate led by the Radio Frequency Solutions business.
Strong Balance Sheet
Rogers Corporation maintains a strong financial position with $160 million in cash and no debt, allowing for continued investment in organic growth and strategic acquisitions.
Local-for-Local Manufacturing Strategy
Progress in local-for-local manufacturing, including a new curamik power substrate facility and a BISCO silicone line in China, is expected to support near and long-term growth objectives.
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ROG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ROG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $89.88 | $89.59 | -0.32% |
| Oct 24, 2024 | $99.50 | $101.32 | +1.83% |
| Jul 25, 2024 | $122.68 | $123.15 | +0.38% |
| Apr 25, 2024 | $109.54 | $121.03 | +10.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rogers Corp (ROG) report earnings?
Rogers Corp (ROG) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Rogers Corp (ROG) earnings time?
Rogers Corp (ROG) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ROG EPS forecast?
ROG EPS forecast for the fiscal quarter 2025 (Q1) is 0.25.
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