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RCI's expanding portfolio and tech advancements bode well for investors. However, stiff competition and a decline in home phone subscribers are concerns.
HOUSTON , Nov. 5, 2024 /PRNewswire/ -- As part of its aggressive actions to improve the performance of the Bombshells segment, RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the decision to permanently close two underperforming leased locations and sell a third. The company said that Bombshells Spring at 21005 Interstate 45 N, Spring, TX, and Bombshells Houston-South at 12810 Gulf Freeway, Houston, TX have been closed and that there are plans to sell Bombshells Austin at 15119 N Interstate Hwy 35, Pflugerville, TX.
TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rogers today announced its net-zero greenhouse gas (GHG) emissions targets have been approved by the globally recognized Science Based Targets initiative (SBTi).
Rogers Communication (RCI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
CLPR, HAFC and RCI made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 28, 2024.
CLPR, GBX, TZOO, RCI and PI have been added to the Zacks Rank #1 (Strong Buy) List on October 28, 2024.
RCI's third-quarter 2024 results reflect revenue growth in Media businesses, driven by higher sports-related revenues.
Rogers Communications, Inc. (NYSE:RCI ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Paul Carpino - VP, IR Tony Staffieri - President & CEO Glenn Brandt - CFO Conference Call Participants Batya Levi - UBS Vince Valentini - TD Cowen Maher Yaghi - Scotiabank Drew McReynolds - RBC Sebastiano Petti - J.P. Morgan David Barden - Bank of America Jerome Dubreuil - Desjardins Simon Flannery - Morgan Stanley Aravinda Galappatthige - Canaccord Genuity Operator This is the conference operator.
Rogers Communication (RCI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Although the revenue and EPS for Rogers Communication (RCI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.