Should investors worry about suspended guidance? [MoneySense]
Rogers Communication, Inc. (RCI)
Last rogers communication, inc. earnings: 4/22 07:00 am
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Source: MoneySense
Photo by Jorge Vasconez on UnsplashIf you’ve been paying attention to the companies in your portfolio over the last few weeks, you’ll have noticed that many of them have said something about “suspending guidance.” Rogers Communications is one of the more recent businesses to do just that, announcing on its April 22first quarter earnings call: “All of these items [referring to the various economic impacts of COVID-19], as well as others that may arise, are difficult to estimate at this time, and as a result we are withdrawing our annual guidance that was originally provided in January.”According to Barron’s, 106 companies on the S&P 500 have already suspended guidance, and it’s likely that number will rise as more companies report earnings over the next few weeks. (Read my previous columnon what this quarter’s “earnings season” might look like.) Everything that has to do with this crisis is unprecedented, including having so many companies refuse to say what kind of earnings or revenue
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News
- Rogers Charity Classic Raises Record-Breaking $26.6 Million for Alberta Children’s CharitiesGlobeNewswire
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- Toronto Blue Jays Send Clear Message With Dylan Cease $210M Contract [Forbes]Forbes
- Rogers Communication (NYSE:RCI) (TSE:RCI.B) had its "buy" rating reaffirmed by analysts at Cowen Inc.MarketBeat
- NHL Commissioner Gary Bettman on rising team valuations, league expansion and gambling [CNBC]CNBC
RCI
Earnings
- 10/23/25 - Beat
RCI
Sec Filings
- 10/23/25 - Form 6-K
- 10/23/25 - Form 6-K
- RCI's page on the SEC website