RGC Resources Inc reports results for the quarter ended in December - Earnings Summary

RGC Resources

09/02/2023 22:01

* RGC Resources Inc  RGCO.OQ  reported quarterly adjusted
earnings
of 33 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for earnings of 39
cents per share.
    * Revenue rose 43.1% to $33.28 million from a year ago;
analysts
expected $26.00 million. 
    * The mean earnings estimate of analysts had fallen by
about 18.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * RGC Resources Inc shares had risen by 10.7% this quarter.
    * Wall Street's median 12-month price target for RGC
Resources Inc
is $28.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.39           0.33           Missed
 Sep. 30 2022      -0.08          -0.01          Beat
 Jun. 30 2022      0.02           0.06           Beat
 Mar. 31 2022      0.66           0.60           Missed