Research Solutions Inc expected to post breakeven results a share - Earnings Preview

Research Solutions

06/11/2024 13:56

* Research Solutions Inc  RSSS.OQ   RSSS.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
14 for the period ending September 30 2024
    * The Henderson Nevada-based  company is expected to report
a
18.3% increase in revenue to $11.899 million from $10.06 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Research Solutions Inc
is for
breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 999.6% in the last three months. ​
    * Wall Street's median 12-month price target for Research
Solutions Inc is 5.00​, above​ its last closing price of $2.56.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.10       -0.06      -0.15     Missed  -150
 Jan. 1 0001   0.02        0.02       0.00      Missed  -88
 Dec. 31 2023  0.00        0.00       0.01      Beat    ​
 Sep. 30 2023  -0.03       -0.03      0.01      Beat    128.6
 ​​Jan.        0.01        0.00       0.01      Beat    
 1 0001                                                 
 Jan. 1 0001   -0.02       -0.01      0.01      Beat    166.7​
 Dec. 31 2022  0.00        0.00       -0.01     Missed  -100
 Sep. 30 2022  0.00        0.00       0.01      Beat    300
 This summary was machine generated November 6 at 13:55 GMT.  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)