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  5. RSI: Could you comment on results? [Rogers Sugar Inc.]
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Q: Could you comment on results?
Asked by terrance on August 13, 2024
5i Research Answer:

EPS of 13c beat estimates of 10c; revenue of $309M missed estimates of $315.2M. EBITDA of $34.4M beat estimates by 15%. BMO lowered its price target to $6.50 from $7.00. EPS rose nicely from 8c last year. Sugar volumes did decline, but 12-month free cash flow rose from $47M to $74.5M. Sugar margins improved, partially offset by higher sales and admin. costs. We would consider the quarter decent enough.