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

RGC Resources

11/08/2022 14:32

* RGC Resources Inc  RGCO.OQ  reported quarterly adjusted
earnings
of 6 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of 2 cents per
share.
    * Revenue rose 22.8% to $17.26 million from a year ago;
analysts
expected $15.00 million. 
    * RGC Resources Inc's reported EPS for the quarter was 6
cents​.
    * 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. 
    * RGC Resources Inc shares had risen by 6.5% this
quarter and
lost 11.7% so far this year.
    * The company reported quarterly net income of $592.53
thousand.
    * Wall Street's median 12-month price target for RGC
Resources Inc
is $29.00 
    * 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 August 11
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.02           0.06           Beat
 Mar. 31 2022      0.66           0.60           Missed
 Dec. 31 2021      0.54           0.43           Missed
 Sep. 30 2021      -0.11          0.00           Beat