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

RGC Resources

07/08/2023 14:31

* RGC Resources Inc  RGCO.OQ  reported quarterly adjusted
earnings
of 7 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for breakeven results per
share.
    * Revenue fell 20.9% to $13.66 million from a year ago;
analysts
expected $18.00 million. 
    * The mean earnings estimate of analysts had fallen by
about 100%
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 fallen by 1.2% this
quarter and
lost 10.3% so far this year.
    * 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 LSEG Refinitiv data
August 7 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           0.07           Beat
 Mar. 31 2023      0.58           0.64           Beat
 Dec. 31 2022      0.39           0.33           Missed
 Sep. 30 2022      -0.08          -0.01          Beat