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Stock Market & Financial Investment News

News Breaks
February 19, 2013
16:04 EDTROGRogers Corp sees Q1 adjusted EPS 57c-61c, consensus 58c
Sees Q1 revenue $129M-$133M, consensus $127.9M. The company said, "Streamlining programs initiated early in 2012 helped improve profitability by $5.0M in the fourth quarter and we anticipate these savings will carry forward through 2013. Sales dropped in December across most of our businesses due to global economic concerns and inventory draw downs in some markets. However, early indicators for 2013 are positive, including a January rebound in demand that impacted most markets."
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May 14, 2013
17:12 EDTROGRogers Corp implements further cost improvement initiatives
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17:10 EDTROGRogers Corp lowers Q2 GAAP EPS view to 32c-43c from 45-56c
The company added the net sales and non-GAAP income guidance provided on April 30, is still appropriate at this time. In April the company guided for non-GAAP EPS of 47c-58c. consensus is 54c. The company still sees Q2 net sales $129M -$134M, consensus $132.45M.

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