Resources Connection Inc expected to post earnings of 44  cents a share - Earnings Preview

Resources Connection

27/07/2022 01:24

* Resources Connection Inc  RGP.OQ   RGP.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 28. 
    * The Irvine California-based  company is expected to report
 a
23.5% increase in revenue to $212.733 million from $172.32
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 44 cents per share. For the same quarter last
year, the company reported earnings of 73 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 $21​, above​ its last closing price of $19.99.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2022  0.40        0.40       0.65      Beat    62.5
 Nov. 30 2022  0.33        0.33       0.47      Beat    42.4
 Aug. 31 2021  0.25        0.25       0.40      Beat    60​
 May. 31 2021  0.20        0.20       0.73      Beat    265
 ​​Feb.        -0.04       -0.04      0.06      Beat    250
 28 2021                                                
 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
 This summary was machine generated July 27 at 00:24 GMT.  All
figures in US dollars  unless otherwise stated