RGC Resources Inc expected to post a loss of 4  cents a share - Earnings Preview

RGC Resources

09/08/2022 19:31

* RGC Resources Inc  RGCO.OQ   RGCO.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 11. 
    * The Roanoke Virginia-based  company is expected to report 
a
17.6% decrease in revenue to $11 million from $13.36 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RGC Resources Inc
is for
a loss of 4 cents per share. For the same quarter last year, the
company reported breakeven results per share.
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RGC
Resources Inc
is $29​, above​ its last closing price of $20.29. ​​​

This summary was machine generated August 9 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated