Resources Connection Inc reports results for the quarter ended in August - Earnings Summary

Resources Connection

05/10/2022 22:01

* Resources Connection Inc  RGP.OQ  reported quarterly
adjusted
earnings of 60 cents​​ per share for the quarter ended in
August. The mean expectation of three analysts for the quarter
was for earnings of 49 cents per share.
    * Revenue rose 11.4% to $204.06 million from a year ago;
analysts
expected $197.47 million. 
    * Resources Connection Inc's reported EPS for the quarter
was 53
cents​.
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Resources Connection Inc shares had risen by 3.7% this
quarter and gained 5.0% so far this year.
    * The company reported quarterly net income of $18.14
million.
    * Wall Street's median 12-month price target for Resources
Connection Inc is $25.00 
    * 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." 

This summary was machine generated from Refinitiv data October 5
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      0.49           0.60           Beat
 May. 31 2022      0.44           0.67           Beat
 Feb. 28 2022      0.40           0.65           Beat
 Nov. 30 2021      0.33           0.47           Beat