Resources Connection, Inc. reports results for the quarter ended August 31 - Earnings Summary
Resources Connection, Inc. reports results for the quarter ended August 31 - Earnings Summary
Resources Connection, Inc. RGP.OQ reported a quarterly adjusted loss of 16 cents per share for the quarter ended August 31, lower than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of four analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -22 cents to -11 cents per share.
Revenue fell 18.4% to $98.09 million from a year ago; analysts expected $99.98 million.
Resources Connection, Inc.'s reported EPS for the quarter was a loss of 23 cents.
The company reported a quarterly loss of $7.97 million.
Resources Connection, Inc. shares had fallen by 1.9% this quarter and lost 26.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1,016.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"
Wall Street's median 12-month price target for Resources Connection, Inc. is $6.00, about 38.5% above its last closing price of $3.69
This summary was machine generated from LSEG data October 7 at 09:00 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Aug. 31 2026 | -0.17 | -0.16 | Beat |
May. 31 2026 | -0.08 | -0.07 | Beat |
Feb. 28 2026 | -0.09 | -0.09 | Met |
Nov. 30 2025 | 0.02 | 0.06 | Beat |
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