Rogers (NYSE:ROG) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Rogers (NYSE:ROG) announced its earnings results on Wednesday. The electronics maker reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03, RTT News reports. Rogers had a return on equity of 4.19% and a net margin of 5.91%. During the same quarter in the prior year, the firm earned $0.60 earnings per share. Rogers updated its Q1 2025 guidance to 0.100-0.400 EPS.

Rogers Stock Down 1.6 %

Shares of Rogers stock traded down $1.50 during trading hours on Wednesday, hitting $89.30. 284,536 shares of the company’s stock traded hands, compared to its average volume of 124,598. Rogers has a twelve month low of $85.02 and a twelve month high of $134.07. The stock has a 50 day simple moving average of $97.11 and a 200-day simple moving average of $102.01. The company has a market cap of $1.67 billion, a PE ratio of 33.32 and a beta of 0.51.

About Rogers

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.