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

Resources Connection

06/04/2022 22:43

* Resources Connection Inc  RGP.OQ  reported quarterly
adjusted
earnings of 65 cents​​ per share for the quarter ended in
February. The mean expectation of two analysts for the quarter
was for earnings of 40 cents per share.
    * Revenue rose 30.6% to $204.61 million from a year ago; 
analysts
expected $195.10 million. 
    * Resources Connection Inc's reported EPS for the quarter
was 58
cents​.
    * The mean earnings estimate of analysts had risen by
about 77.8%
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 fallen by 1.8% this
quarter and lost 5.6% so far this year.
    * The company reported quarterly net income of $19.42
million.
    * Wall Street's median 12-month price target for Resources
Connection Inc is $19.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated April 6 at 09:43 p.m.  ​All
figures in US dollars unless otherwise stated