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Rogers Corp Lowers Q4 2012 Guidance


Tuesday, 29 Jan 2013 07:44am EST 

Rogers Corp announced revised guidance for the fourth quarter of 2012 and expects net sales from continuing operations of approximately $124 million compared to the November 5, 2012 guidance of $129 to $135 million. The GAAP earnings per diluted share from continuing operations are now expected to range from $0.24 to $0.30. These per share estimates include anticipated net special charges of approximately $0.28 per diluted share during the quarter. Excluding these charges, non-GAAP earnings per diluted share from continuing operations are expected to be in the range of $0.52 to $0.58 compared to the November 5, 2012 guidance of $0.69 to $0.79 per diluted share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $133 million and EPS of $0.76 for fourth quarter of 2012. 

Company Quote

56.25
-0.27 -0.48%
24 Oct 2014