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

RGC Resources

09/05/2022 19:41

* RGC Resources Inc  RGCO.OQ  reported quarterly adjusted
earnings
of 60 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of 66 cents
per share.
    * Revenue rose 4.5% to $29.53 million from a year ago; 
analysts
expected $30.00 million. 
    * RGC Resources Inc's reported EPS for the quarter was a
loss of
$2.89​.
    * The mean earnings estimate of analysts had risen by
about 6.5%
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 3.1% this
quarter and
lost 9.0% so far this year.
    * The company reported a quarterly loss of $24.49 million.
    * Wall Street's median 12-month price target for RGC
Resources Inc
is $30.00 
    * 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 May 9 at 06:41 p.m.  ​All
figures in US dollars unless otherwise stated