Resources Connection Inc expected to post a loss of 10 cents a share - Earnings Preview

Resources Connection

31/03/2025 21:03

Resources Connection Inc RGP.OQ RGP.O is expected to show a fall in quarterly revenue when it reports  results on April 2 for the period ending February 28 2025

The Dallas Texas-based  company is expected to report a 14.1% decrease in revenue to $130 million from $151.31 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Resources Connection Inc is for a loss of 10 cents per share.

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 mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Resources Connection Inc is $9.50​, above​ its last closing price of $6.56. ​​​

The company's guidance on January 2 2025 for the period ended February 28 was for gross profit margin between 34% and 35%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Nov. 30 2024
0.00
0.00
0.18
Beat
5,305.4
Aug. 31 2024
0.03
0.03
0.00
Missed
-100
May. 31 2024
0.07
0.07
0.28
Beat
281.8​
Feb. 29 2024
0.06
0.06
0.17
Beat
209.1
​​Nov. 30 2023
0.18
0.13
0.28
Beat
115.4
Aug. 31 2023
0.23
0.19
0.20
Beat
5.3​
May. 31 2023
0.35
0.30
0.44
Beat
49.2
Feb. 28 2023
0.33
0.33
0.37
Beat
13.8

This summary was machine generated March 31 at 20:03 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)