Rogers Corp. Q4 Results Lead to 8% Drop in Shares

Rogers Corp. shares fell 8% after disclosing Q4 results. The company's guidance shows potential losses in Q1 2025 and lower revenue projections, which reflects cautious customer sentiment in the EV/HEV markets.

Date: 20-02-2025

AI Rating: 4

Earnings Per Share (EPS)
Rogers Corp. reported a net loss of $0.03 per share for the latest quarter, significantly down from a net income of $1.24 per share in the previous year. This sharp decline is highly negative, indicating the company faced substantial challenges in maintaining profitability.

Revenue Growth
The company's quarterly revenues fell to $192.2 million, down from $204.6 million in the corresponding quarter last year. This downturn in revenue showcases a decline in demand or the company's performance, which could adversely impact investor sentiment.

Forward Guidance
Looking ahead to the first quarter of 2025, Rogers Corp. anticipates net results to range between a loss of $0.26 per share and earnings of $0.04 per share. This wide range indicates uncertainty, and potentially disappointing results could lead to further downturns in the stock.

CEO's Commentary
The CEO's remarks regarding customers' cautiousness about market recovery add to concerns about future sales performance, particularly in the EV/HEV and industrial sectors.

Stocks: ROG