Bloomberg: Rogers's 15min chart shows Bollinger Bands expanding upward, bullish Marubozu

As per the 15-minute chart, Rogers has triggered a bullish signal, as the Bollinger Bands are expanding upward and a bullish Marubozu candlestick pattern has formed on August 26, 2022, at 10:15. This indicates that the market trend is currently driven by strong buying pressure, with buyers in control. Consequently, it is likely that the bullish momentum will continue.

Rogers Communications (RCI) has been in the spotlight following its latest earnings report, which revealed a mixed bag of results. The company reported adjusted earnings of 82 cents per share for the second quarter of 2025, beating the Zacks Consensus Estimate by 2.5% but declining 3.5% year over year. Revenues of $3.77 billion missed the consensus mark by 0.39% but increased 1.3% year over year.

The wireless segment, which accounts for 48.7% of total revenues, saw a 3% year-over-year increase, driven by a 0.6% rise in service revenues and a 13.2% increase in equipment revenues. However, monthly mobile phone ARPU decreased by 3.1% year over year. The postpaid wireless subscriber base grew by 312K, while the prepaid subscriber base increased by 92K. The monthly churn rate for both prepaid and postpaid subscribers remained relatively stable.

The cable segment contributed 37.7% of total revenues, with service revenues growing by 0.7% year over year. However, equipment revenues decreased by 56.3%. The retail Internet subscriber count increased by 232K, while the total Smart Home Monitoring subscribers grew by 40K. The Home Phone subscriber count, however, decreased by 111K.

The media segment saw revenues increase by 9.8% year over year, but operating expenses rose by 9.1%. The segment reported an adjusted EBITDA of C$5 million. Overall, operating costs increased by 3.1% to C$2.85 billion, and adjusted EBITDA rose by 1.6% year over year.

Rogers Communications ended the quarter with C$11.8 billion in available liquidity, including C$7 billion in cash and cash equivalents and C$4.8 billion available under bank and other credit facilities. The company's debt leverage ratio of 3.6 times as of June 30, 2025, nearly returned to pre-Shaw acquisition levels.

For 2025, RCI expects total service revenues to grow in the range of 3 to 5%, with adjusted EBITDA expected to grow in the range of 0 to 3% and remain unchanged. Capital expenditures are projected at approximately C$3.8 billion, while free cash flow guidance remains unchanged at C$3 and C$3.2 billion.

Investors have witnessed an upward trend in estimates review since the earnings release. Rogers Communication has a subpar Growth Score of D but an A score on the value side, putting it in the top 20% for this investment strategy. The stock has an aggregate VGM Score of C, indicating a hold recommendation from Zacks Investment Research.

As per the 15-minute chart, Rogers has triggered a bullish signal, with Bollinger Bands expanding upward and a bullish Marubozu candlestick pattern forming on August 26, 2022, at 10:15. This indicates strong buying pressure and buyers in control, suggesting that the bullish momentum may continue.

References:
[1] https://finance.yahoo.com/news/rogers-communication-rci-3-3-153011748.html