Rogers Corporation Just Beat EPS By 118%: Here's What Analysts Think Will Happen Next

Rogers Corporation (NYSE:ROG) just released its third-quarter report and things are looking bullish. It was overall a positive result, with revenues beating expectations by 4.1% to hit US$216m. Rogers also reported a statutory profit of US$0.48, which was an impressive 118% above what the analysts had forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Following the latest results, Rogers' three analysts are now forecasting revenues of US$864.9m in 2026. This would be a credible 7.9% improvement in revenue compared to the last 12 months. Earnings are expected to improve, with Rogers forecast to report a statutory profit of US$2.40 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$864.9m and earnings per share (EPS) of US$2.28 in 2026. So the consensus seems to have become somewhat more optimistic on Rogers' earnings potential following these results.

View our latest analysis for Rogers

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 12% to US$95.67. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Rogers, with the most bullish analyst valuing it at US$105 and the most bearish at US$85.00 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Rogers' past performance and to peers in the same industry. One thing stands out from these estimates, which is that Rogers is forecast to grow faster in the future than it has in the past, with revenues expected to display 6.3% annualised growth until the end of 2026. If achieved, this would be a much better result than the 1.1% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 9.6% per year. So although Rogers' revenue growth is expected to improve, it is still expected to grow slower than the industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Rogers' earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Rogers' revenue is expected to perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Rogers going out to 2026, and you can see them free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.