Resources Connection Inc expected to post earnings of 25 cents a share - Earnings Preview

Resources Connection

04/10/2021 21:02

* Resources Connection Inc  RGP.OQ   RGP.O  is expected to show
a rise in quarterly revenue when it reports results on October
6. 
* The Irvine, California-based company is expected to report  a
19.3% increase in revenue to $175.733 million from $147.35
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 25 cents per share. For the same quarter
last year, the company reported earnings 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 $18​, about 10.9% above​ its last closing
price of $16.04. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 May. 31 2021  0.20        0.20       0.73      Beat    265
 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.          0.13​       0.18       0.24      Beat    30.9​
 31​ 2020​                                              
 Feb. 29 2020  0.12        0.12       0.21      Beat    82.6​
 Nov. 30 2019  0.30        0.31       0.38      Beat    24.6
 Aug. 31 2019  0.15        0.15       0.15      Met     3.4
 This summary was machine generated October 4 at 20:02 GMT.  All
figures in US dollars unless otherwise stated