Resources Connection Inc expected to post earnings of 20  cents a share - Earnings Preview

Resources Connection

19/07/2021 21:50

* Resources Connection Inc  RGP.OQ   RGP.O  is expected to show
a fall in quarterly revenue when it reports results on July 21 .
* The Irvine, California-based company is expected to report   a
7.2% decrease in revenue to $165.7 million from $178.57 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Resources Connection
Inc is for earnings of 20 cents per share. For the same quarter
last year, the company reported earnings of 24 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 $17​, about 19.5% above​ its last closing
price of $13.69. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Feb. 28 2021  -0.04       -0.04      0.06      Beat    250
 Nov. 30 2020  0.20        0.19       0.17      Missed  -10.5
 Aug. 31 2020  0.07        0.07       0.10      Beat    42.9​
 May. 31 2020  0.13        0.18       0.24      Beat    30.9
 Feb.          0.12​       0.12       0.21      Beat    82.6​
 29​ 2020​                                              
 Nov. 30 2019  0.30        0.31       0.38      Beat    24.6​
 Aug. 31 2019  0.15        0.15       0.15      Met     3.4
 May. 31 2019  0.25        0.27       0.29      Beat    9.4
 This summary was machine generated July 19 at 20:50 GMT.  All
figures in US dollars unless otherwise stated