Resources Connection Inc expected to post earnings of 33 cents a share - Earnings Preview

Resources Connection

03/01/2022 21:04

* Resources Connection Inc  RGP.OQ   RGP.O  is expected to show
a rise in quarterly revenue when it reports  results on January
5. 
* The Irvine California-based  company is expected to report  a
23.6% increase in revenue to $189.4 million from $153.22 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 33 cents per share. For the same quarter
last year, the company reported earnings of 17 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 $19​, about 6.1% above​ its last closing price
of $17.84. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Aug. 31 2021  0.25        0.25       0.40      Beat    60
 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.        0.07        0.07       0.10      Beat    42.9
 31 2020                                                
 May. 31 2020  0.13        0.18       0.24      Beat    30.9​
 Feb. 29 2020  0.12        0.12       0.21      Beat    82.6
 Nov. 30 2019  0.30        0.31       0.38      Beat    24.6
 This summary was machine generated January 3 at 21:04 GMT.  All
figures in US dollars  unless otherwise stated