Resources Connection Inc reports results for the quarter ended May 31 - Earnings Summary
Resources Connection Inc reports results for the quarter ended May 31 - Earnings Summary
Resources Connection Inc RGP.OQ reported a quarterly adjusted loss of 7 cents per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of four analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -18 cents to -2 cents per share.
Revenue fell 23.8% to $106.12 million from a year ago; analysts expected $106.77 million.
Resources Connection Inc's reported EPS for the quarter was a loss of 47 cents.
The company reported a quarterly loss of $16.07 million.
Resources Connection Inc shares had risen by 9.6% this quarter and lost 7.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged 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 22.3% above its last closing price of $4.66
This summary was machine generated from LSEG data July 22 at 09:01 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 |
May. 31 2026 | -0.08 | -0.07 | Beat |
Feb. 28 2026 | -0.09 | -0.09 | Met |
Nov. 30 2025 | 0.02 | 0.06 | Beat |
Aug. 31 2025 | -0.10 | 0.03 | Beat |
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