Resources Connection Inc reports results for the quarter ended November 30 - Earnings Summary

Reuters
03 Jan
Resources Connection Inc reports results for the quarter ended November 30 - Earnings Summary
  • Resources Connection Inc RGP.OQ reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of four analysts for the quarter was for breakeven results per share. Wall Street expected results to range from zero cents to 1 cents per share.

  • Revenue fell 10.7% to $145.62 million from a year ago; analysts expected $137.02 million.

  • Resources Connection Inc's reported EPS for the quarter was a loss of $2.08​.

  • The company reported a quarterly loss of $68.72 million.

  • Resources Connection Inc shares had held steady so far this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 85.7% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the business support services peer group is also "hold"

Wall Street's median 12-month price target for Resources Connection Inc is $12.25

This summary was machine generated from LSEG data January 2 at 10:47 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Nov. 30 2024

0.00

0.18

Beat

Aug. 31 2024

0.03

0.00

Missed

May. 31 2024

0.07

0.28

Beat

Feb. 29 2024

0.06

0.17

Beat

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