Rogers Communications, Inc. (RCI) Q3 2024 Earnings Call Transcript

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Q3: 2024-10-24 Earnings Summary

EPS of $1.03 beats by $0.05
 | Revenue of $3.70B (0.40% Y/Y) misses by $47.14M

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. Welcome to the Rogers Communications, Inc. Third Quarter 2024 Results Conference Call. As a reminder, all participants are in a listen-only mode and the conference is being recorded. Following the presentation, we'll conduct a question-and-answer session. [Operator Instructions].

I would now like to turn the conference over to Paul Carpino, Vice President of Investor Relations with Rogers Communications. Please go ahead, Mr. Carpino.

Paul Carpino

Thank you, Galen, and good morning, everyone, and thank you for joining us today. I'm here with our President and Chief Executive Officer, Tony Staffieri; and our Chief Financial Officer, Glenn Brandt.

During our Q&A, I'd ask you limit yourself to one question and a quick follow-up if needed.

Today's discussion will include estimates and other forward-looking information from which our actual results could differ. Please review the cautionary language in today's earnings report, MD&A and in our 2023 Annual Report regarding the various factors, assumptions and risks that could cause our actual results to differ.

With that, let me turn it over to Tony to begin.

Tony Staffieri

Thank you, Paul, and good morning, everyone.

I'm very pleased to report that Rogers delivered another strong quarter of results. For 11 consecutive quarters, we have delivered industry-leading results driven by disciplined execution in a healthy and competitive market. We once again reported industry-leading market share

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