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Rogers Corporation Reports Fourth Quarter and Full Year 2024 Results

1. Rogers Corporation reported expected declines in sales for Q4 2024. 2. Full-year results were affected by lower portable electronics and wireless infrastructure revenues.

Earnings
-0.06%Current Return
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-0.39%S&P 500
$89.64302/19 04:11 PM EDTEvent Start
$89.5902/20 10:19 PM EDTLatest Updated
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FAQ

Why Bearish?

Declining sales indicate potential weaknesses, similar to past Q4 results where demand fell. Investors may become cautious due to anticipated revenue challenges.

How important is it?

Earnings results significantly influence ROG's price, especially in a challenging market context. Important indicators include how well the company manages seasonal impacts compared to past performances.

Why Short Term?

Sales declines are typically reflected quickly in stock performance, affecting near-term valuation. Similar past trends have shown immediate price reactions to disappointing earnings announcements.

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CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the full year and fourth quarter of 2024. "Our results were consistent with our guidance expectations for the fourth quarter,” stated Colin Gouveia, Rogers' President and CEO. "As anticipated, sales declined due to seasonally lower portable electronics sales and lower wireless infrastructure and industrial revenues. Despite macro and market challenges impacting full year sales, our focused effo.

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