Resources Connection's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Resources Connection (NASDAQ:RGP) is set to release its quarterly earnings report on Monday, 2023-07-24, with an estimated EPS of $0.35. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $16.34, down 19.01% over the last 52-week period.

July 21, 2023 | 3:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Resources Connection's upcoming earnings report could impact its stock price. Despite consistently beating EPS estimates, the company's share price has typically dropped following earnings announcements.
Resources Connection has a history of beating EPS estimates, which is generally a positive signal. However, the company's stock price has consistently dropped following these earnings beats, indicating that investors may be focusing more on other factors, such as guidance. Given this pattern, it's likely that the upcoming earnings report could lead to a short-term drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100