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

Resources Connection

28/07/2022 22:38

* Resources Connection Inc  RGP.OQ  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in May.
The mean expectation of three analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 25.9% to $217.03 million from a year ago;
analysts
expected $212.73 million. 
    * Resources Connection Inc's reported EPS for the quarter
was 61
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.4%
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 0.6% this
quarter and gained 14.9% so far this year.
    * The company reported quarterly net income of $20.53
million.
    * Wall Street's median 12-month price target for Resources
Connection Inc is $21.00 
    * 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 July 28
at 09:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2022      0.44           0.67           Beat
 Feb. 28 2022      0.40           0.65           Beat
 Nov. 30 2021      0.33           0.47           Beat
 Aug. 31 2021      0.25           0.40           Beat