Overview

• Rogers Q3 net sales rise 6.5% sequentially, beating analyst expectations

• Adjusted EPS for Q3 beats analyst estimates, driven by cost improvement initiatives

• Company repurchased $10 mln of shares in Q3

Outlook

• Rogers expects Q4 2025 net sales between $190 mln and $205 mln

• Company projects Q4 2025 gross margin of 30.0% to 32.0%

• Rogers forecasts Q4 2025 EPS of $0.00 to $0.40

Result Drivers

• END-MARKET DEMAND - Improved demand in EV/HEV, wireless infrastructure, and industrial sectors drove sales growth

• COST IMPROVEMENTS - Higher earnings attributed to cost improvement initiatives and reduced restructuring charges

• CURRENCY IMPACT - Favorable currency exchange rates increased net sales by $3.0 mln

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy"

• Wall Street's median 12-month price target for Rogers Corp is $80.00, about 7.2% below its October 28 closing price of $85.75

• The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nBw2gQ8lba

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)