RGC Resources Inc expected to post earnings of 39 cents a share - Earnings Preview

RGC Resources

05/02/2024 14:40

* RGC Resources Inc  RGCO.OQ   RGCO.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 7 for
the period ending December 31 2023
    * The Roanoke Virginia-based  company is expected to report
a
6.9% decrease in revenue to $31 million from $33.28 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for RGC Resources Inc is for
earnings of 39 cents 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 $27.00​, above​ its last closing price of $18.91. ​​​

This summary was machine generated February 5 at 14:39 GMT.  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)