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

RGC Resources

08/05/2023 14:32

* RGC Resources Inc  RGCO.OQ  reported quarterly adjusted
earnings
of 64 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of 58 cents
per share.
    * Revenue rose 28.8% to $38.03 million from a year ago;
analysts
expected $32.00 million. 
    * 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 fallen by 18.7% this
quarter and
lost 14.5% 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 May
8 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.58           0.64           Beat
 Dec. 31 2022      0.39           0.33           Missed
 Sep. 30 2022      -0.08          -0.01          Beat
 Jun. 30 2022      0.02           0.06           Beat