Resources Connection Inc expected to post a loss of 10 cents a share - Earnings Preview

Reuters
01 Apr
Resources Connection Inc <rgp.oq> expected to post a loss of 10 cents a share - Earnings Preview </rgp.oq>
  • Resources Connection Inc RGP.OQ RGP.O is expected to show a fall in quarterly revenue when it reports results on April 2 for the period ending February 28 2025

  • The Dallas Texas-based company is expected to report a 14.1% decrease in revenue to $130 million from $151.31 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Resources Connection Inc is for a loss of 10 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Resources Connection Inc is $9.50​, above​ its last closing price of $6.56. ​​​

The company's guidance on January 2 2025 for the period ended February 28 was for gross profit margin between 34% and 35%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Nov. 30 2024

0.00

0.00

0.18

Beat

5,305.4

Aug. 31 2024

0.03

0.03

0.00

Missed

-100

May. 31 2024

0.07

0.07

0.28

Beat

281.8​

Feb. 29 2024

0.06

0.06

0.17

Beat

209.1

​​Nov. 30 2023

0.18

0.13

0.28

Beat

115.4

Aug. 31 2023

0.23

0.19

0.20

Beat

5.3​

May. 31 2023

0.35

0.30

0.44

Beat

49.2

Feb. 28 2023

0.33

0.33

0.37

Beat

13.8

This summary was machine generated March 31 at 20:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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