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Bank of Nova Scotia boosts stake in Rogers Communications, which beat earnings estimates.
Bank of Nova Scotia increased its stake in Rogers Communications Inc. by 20.6% in the fourth quarter, now owning 7,736,202 shares worth $237.8M.
Rogers Communications reported a better-than-expected EPS of $1.04 for the quarter.
Additionally, FIL Ltd raised its holdings in Rogers Communications by 7.2%, owning 33,450,577 shares.
Analysts project Rogers Communications to report 3.57 EPS for the year.
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Bank of Nova Scotia aumenta la participación en Rogers Communications, lo que supera las estimaciones de ingresos.